Turkey's Economic Fortunes Brighten: Fitch Ratings has upgraded Turkey on Tighter Monetary Policies In a significant turn of events, Fitch Ratings has upgraded Turkey long-term foreign currency issuer default rating from "B" to "B+." This upward revision comes as a result of the country's proactive stance on monetary policy, aimed at reining in inflationary pressures. Fitch's decision underscores the...
Retiring in Alanya: Spend Your Golden Years in This Oasis Have you ever imagined waking up to a gentle Mediterranean breeze and stepping out onto a balcony overlooking a sparkling turquoise sea? Can you picture strolling through vibrant bazaars filled with colourful spices and hand-woven crafts? Imagine spending your afternoons relaxing on pristine beaches or exploring ancient ruins steeped in rich...
Turkey's Economic Renaissance from JP Morgans Perspective In a recent investor meeting hosted by JP Morgan, Stefan Weiler, the Head of Central & Eastern Europe, Middle East, and Africa (CEEMEA) debt capital markets, shed light on the growing interest from the global investor community in Turkey. The shift in sentiment is attributed to significant changes in macroeconomic policies and a notable...
Turkish Contractors Shine Globally: A $501.9 Billion Milestone Turkish contractors have made an indelible mark on the global construction landscape, undertaking projects worth an astonishing $501.9 billion since 1972. After a challenging 2022, the year 2023 saw a remarkable resurgence, culminating in contracts totaling $27.392 billion in December alone. Let us delve into how Turkish contractors shine...
Turkey's Economic Triumph: Turkey Achieves Record Export Figures In a momentous announcement, Turkish President Erdoğan heralded a historic achievement for Turkey's economy, unveiling a remarkable surge in exports that reached a staggering USD 255.8 billion, remarking that Turkey achieves record export figures. This 0.6 percent year-on-year increase not only sets a new record but also showcases the...
Unlocking Economic Potential: Germany-Turkey Economic Ties in Focus In the complex landscape of global economic partnerships, the enduring bond between Germany and Turkey stands out prominently. As Turkish President Recep Tayyip Erdogan engages with German Chancellor Olaf Scholz in Berlin, the spotlight remains firmly on the Germany-Turkey Economic Ties and collaboration that have weathered political...
