Tag archive for ‘economy’
Economists say Turkey could face difficult times in economy after June 24 elections
By BTT On Saturday, June 9th, 2018
0 Comments

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 More...

Regarding Moody’s decision SIMSEK says Turkey's banking sector is healthy & sound
By BTT On Saturday, May 26th, 2018
0 Comments

Turkey’s Deputy PM says “We will not be stubborn with the markets”

Turkish Deputy Prime Minister Mehmet SIMSEK – BusinessTurkeyToday.com   Mehmet SIMSEK (Deputy Prime Minister for the Economy) who is scheduled to go to London next week with Murat CETINKAYA, President More...

Sberbank sells Turkey’s Denizbank to Emirates NBD from Dubai for US$ 3.2 billion
By BTT On Tuesday, May 22nd, 2018
0 Comments

Sberbank sells Turkey’s Denizbank to Emirates NBD from Dubai for US$ 3.2 billion

Denizbank Branch, Turkey   Emirates NBD has bought Denizbank from Sberbank for US$ 3.2 billion. According to the statement made, the final agreement was signed. Sberbank had bought Denizbank for $ 3.5 billion More...

Turkey's "Economic Coordination Board" convenes at Presidential Palace in Ankara
By BTT On Thursday, May 17th, 2018
0 Comments

Turkey’s “Economic Coordination Board” convenes at Presidential Palace in Ankara

“Economic Coordination Board” Meeting at Presidential Palace, Ankara   Due to economic issues that needed urgent attention President ERDOGAN convened the Economic Coordination Board at the Presidential More...

Turkey’s Finance Minister draws attention to substantial increase in tax collection
By BTT On Tuesday, May 15th, 2018
0 Comments

Turkey’s Finance Minister draws attention to substantial increase in tax collection

Mr. NACI AGBAL, Turkey’s Finance Minister   Turkish economy has been having difficulties for quite a while and it goes without saying budget deficit issue is among the most vital problems for the country. More...

Turkey’s current account deficit exceeds expectations in March
By BTT On Monday, May 14th, 2018
0 Comments

Turkey’s current account deficit exceeds expectations in March 2018

Vessel carrying export goods from Turkey   On the way to deputy and presidential elections Turkey’s economy has been sending signals not to please the administration. To provide an example, the current account More...

Stock markets melt down by USD 1.5 trillion in first quarter 2018 compared to last year end
By BTT On Sunday, May 13th, 2018
0 Comments

Stock markets melt down by USD 1.5 trillion in first quarter 2018 compared to last year end

Stock Market Photo (USA)   It is reported that investors in financial markets face developments pointing to a “tough” year in the first quarter of 2018. Due to the difficulties experienced by global More...

Deputy and presidential elections in Turkey on 24 June 2018 not to affect tourism
By BTT On Saturday, April 28th, 2018
0 Comments

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...

Gübretaş.. A giant Turkish company in fertilizer sector
By admin On Wednesday, April 4th, 2018
0 Comments

Gübretaş.. A giant Turkish company in fertilizer sector

Gübretaş Fertilizer Production Facility, Turkey – BusinessTurkeyToday.com GÜBRETAŞ proceeds on its way with the vision to become “a giant and a leading company in Turkey and establish itself as a More...

Global fund managers warn Turkey exposed to geopolitical and political risks
By BTT On Tuesday, April 3rd, 2018
0 Comments

Global fund managers warn Turkey is exposed to geopolitical and political risks

Is Turkish Economy fragile? – BusinessTurkeyToday.com In a survey conducted conducted by Bloomberg with major global financial institutions such as Deutsche Bank an optimistic perception was observed regarding More...