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Tag Archives: Turkey

It’s Official, Turkey to Top European Economy Again in 2011

The Turkish economy grew 8.9% in 2010, this made it the fastest growing economy in Europe by a good margin. Everyone expected growth to slow in 2011, it had to; the growth rate in 2010 was unsustainable, and to sustain it would ultimately have done more harm than good in...

Posted on 26 May 2011

Turkey Property Prices Surge into 2011 (stats)

As European residential property markets still clamber toward recovery ever-worrying about a double dip, and authoritative sources tell us the US property market has already double dipped, we look at markets like Turkey to see that they are experiencing strong growth into 2011. According to (GYODER) the Association of Real...

Posted on 21 May 2011

Top of the Props in April

We recently redesigned the Spot Blue website and one of the features that we expanded upon was the collation of statistics, specifically the most popular properties. Instead of simply keeping a rolling average of views, we now measure weekly views, monthly views, and lifetime views. We have just collated the...

Posted on 12 May 2011

Turkish Car Sales Hit New Peak in January

In 2010 Turkey's automobile industry became a dominant force within Europe, and early signs for 2011 show that this looks set to continue. Car and light commercial vehicle sales grew 64% year on year in the first 4 months of this year according to new data from the Automotive Distributors...

Posted on 06 May 2011

Turkish Exports Up 25% in April — 22% in Q1

Of all the news on the Turkish economy, the record exports in April is arguably the most significant. If you read like I do on the Turkish economy you will see that the news is overwhelmingly one-sided on the positive side, and that the negative news is almost all centred...

Posted on 05 May 2011

“Canal Istanbul” to Replace Bosporus as Istanbul Shipping Lane by 2023

Istanbul is making headlines again. Twice in one week. Just a few days after the world discussed plans to split Istanbul in two for easier governance, Prime Minister Recep Tayyip Erdogan has unveiled a grander if less controversial plan to create a new canal to bypass the Bosporus – although...

Posted on 28 April 2011

Bodrum to Come Alive with Color, Host Festival this September

Bodrum will be one of the most exciting places in the world this September when it hosts the Mediterranean Colours festival – one of the largest festivals the Mediterranean has ever seen. The festival will feature over 2000 dancers from 30 countries, and will see Bodrum become alive with Carnival fever...

Posted on 24 April 2011

Turkey Gearing up to Produce Domestic Car Brand

The Prime Minister of Turkey recently announced his ambitions to build a 100% domestic car brand, but when examined more carefully this idea is quite challenging, as all the parts need to be produced domestically. Turkey last tried to produce its own automobile brand in 1961, but only made four...

Posted on 22 April 2011

Turkey Property: Foreign Sales up 40% in 2010

Last year we reveled in the report that 32,000 Brits owned some 6 million square meters of Turkish property, as the dominant grouping of foreigners who then owned 65 million square meters of land. Well, if that was good then the report released last week by GYODER can only be...

Posted on 21 April 2011

Turkey Dominant in Trip Advisor Chart of Best Beaches

TripAdvisor has just unveiled its chart of the top 25 beaches in the world, and we are very proud to see many Turkish beaches making the grade. At number 5 we have Olu Deniz. Those who know the place will be unsurprised by everything, except maybe that it is not...

Posted on 08 April 2011