Economists say Turkey could face difficult times in economy after June 24 elections

Economists say Turkey could face difficult times in economy after June 24 elections

Market place in Turkey   It is no secret that Turkey has been spending much effort to control the devaluation of Turkish Lira against US Dollar and the swiftly rising inflation, not to forget the complication caused by the current account and foreign trade deficits. The problems in economy have certainly been a major blow against the ruling administration More...

by BTT | Published 2 weeks ago
Deputy and presidential elections in Turkey on 24 June 2018 not to affect tourism
By BTT On Saturday, April 28th, 2018
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Signals sent by Turkey’s economy and business world as snap elections approach

President Erdoğan, meeting – BusinessTurkeyToday.com Turkey is a couple of steps away from the most vital elections in its history on 25 June 2018. Citizens – who have voted yes for the presidential system More...

Is Turkey introducing “national and domestic money” to fight currency fluctuations?
By BTT On Thursday, April 26th, 2018
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Is Turkey introducing “national and domestic money” to fight currency fluctuations?

Turkey’s President Recep Tayyip Erdoğan Turkey has had a hard time trying to cope with fluctuations and US Dollar in specific, which have deteriorated all balances in its financial structures both on micro More...

Turkey cannot stop rise in dollar despite increase in interest rates
By BTT On Wednesday, April 11th, 2018
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Where is Turkish Lira heading against US dollar in rising tensions in the world?

US Dollar Turkish Lira – BusinessTurkeyToday.com Turkish Lira has been losing value against US dollar and is currently at the lowest rate ever in its history. This is obviously quite frustrating for the administration More...

Why has Turkey been facing major difficulties in economy ahead of elections?
By BTT On Sunday, April 8th, 2018
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Is the Turkish economy going in the right direction under the ruling administration?

Turkish Economy Industry – BusinessTurkeyToday.com AK Party which has been in power for more than 15 years has put signature under important achievements during said period that would be unfair to ignore. More...

Financial markets in Turkey and the rise in US dollar Turkish Lira rate
By BTT On Wednesday, March 28th, 2018
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Economists concerned about rise in US dollar after it exceeds 4 Turkish liras again

Turkish lira keeps losing against US dollar – BusinessTurkeyToday.com Due to concerns grown over trade wars in the world and global downturn wave in technology shares and recent geopolitical developments, More...

By BTT On Sunday, February 18th, 2018
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The importance of Foreign Direct Investments for Turkey

The concept of Foreign Direct Investment has rather developed towards the services sector, in our world today. When we look at the foreign investments realized in Turkey today, we rather see privatizations, corporate More...

Time for Turkey to get ready for industry 4.0 and the "digital age"
By BTT On Wednesday, January 24th, 2018
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Time for Turkey to get ready for industry 4.0 and the “digital age”

Digital Age and Turkey – BusinessTurkeyToday.com   Turkey has survived a real difficult time. Despite this, some experts think that the growth momentum achieved in the third quarter shows both the growth More...

A new alternative revenue source for Turkey... Gastronomy Tourism
By BTT On Tuesday, December 12th, 2017
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A new alternative revenue source for Turkey… Gastronomy Tourism

Turkey is a country in desperate need of additional foreign revenues to balance its foreign trade deficit. Despite the quite pleasing increase in export revenues, the almost uncontrollable rise in import figures More...

Will Trump’s first National Security Strategy include bad news for Turkey?
By BTT On Monday, November 27th, 2017
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Article: It is not “pessimism” to say exchange rates will rise… It is only realism (Prof. Emre Alkin)

Prof. Emre ALKIN is a prominent lecturer and expert on economy issues. Down below you will find translation from an article by ALKIN shared on his Instagram account. We certainly believe it is worth sharing and More...