Turkey’s need to create a new economic story is becoming more and more urgent. Economic growth has slowed and inflation has risen amid steep fluctuations in global markets and severe shocks
The Turkish government has recently been expressing its wish to create a new “economic narrative” to bring the country back to a high growth track.
For years the only venue that could realistically be described as the center of Istanbul was the historic İstiklal Avenue, dubbed Pera Street in earlier centuries
The Turkish economy and its democracy are facing some tough tests, as living in the country becomes more and more like being a character in a disaster movie
Let’s start with the good news: Turkey has become the 20th most popular destination for foreign direct investment (FDI) inflow in 2015, rising two spots from last year
A recent report by the Istanbul Chamber of Industry (İSO) has shown how the top industrialists in Turkey operated under quite a heavy financing burden last year
A senior representative from the European Investment Bank (EIB) said the lender plans to provide financing worth 2.3-2.5 billion euros to Turkey over this year, with small- and medium-scaled enterprises (SMEs) and vital infrastructure projects again being the main focus
After the new cabinet was announced in Turkey on May 24, any dramatic change was unseen at first glance, rebutting some earlier rumors about potentially radical revisions
A young population has played a crucial role in Turkey’s economic story in a bid to positively differentiate itself in the region
