International Credit Rating Agency Fitch did not change Turkey’s outlook in its recent evaluation of the country, which resulted in comforting the markets slightly.
The most important piece of news of this week, which has become a critical one for the markets, is the Fed decision to be released March 18. Actually, the words used in the statement will be more important than the decision.
It looks like the trouble in growth rates that began in 2014 will extend into this year also, as the January industrial production data that was announced at the beginning of the week was quite lower than expected
We already knew that President Recep Tayyip Erdoğan and Deputy Prime Minister Ali Babacan were not in total agreement about the policies applied, but we recently learned that there was a huge fundamental difference
The reaching of a cease-fire in the Ukrainian crisis and the signs of a possible agreement between Greece and the EU have caused the tension in global markets to ease last week.
It would not be an exaggeration to say the Turkish economy has recently experienced its most fragile period in the past 13 years. The worst part is that while the fragility in economic balances is increasing, examples of bad management are also increasing daily
We have seen that the governments of the Justice and Development Party (AKP), which has been ruling for 12 years, despite numerous elections, have always acted carefully to maintain economic balance. Especially through protecting fiscal discipline, the elections did not hamper stability.
The winner of the Greek elections, the radical left party Syriza, is the talk of not only Europe but the entire world.
The difference of opinion between the president and the government, and also within the government itself, about economy politics is getting deeper.
