Turkey

Turkey's Constitutional Court has agreed to hear a case to ban the ruling Justice and Development Party (AKP). This move will significantly heighten political risks over at least... 2008-04-01

We have revised our end-year Turkish inflation figure to 6.0% y-o-y on the back of the surge in food prices. We stress though, that the overall structural economic conditions remain... 2008-03-04

Despite the escalation of Turkish military action in northern Iraq to a full land operation on February 21, we hold to our core view that the border conflict will not impact Turkey's... 2008-02-29

Turkish general government budget figures over the first eleven months of 2007 confirm our view that the budget deficit will widen that year. The consolidated budget for January-November... 2008-01-30

The Turkish government is once again pushing forward on a bill to ease the country's headscarf ban in public institutions, a move likely to aggravate tensions between the ruling Justice... 2008-01-30

We are maintaining our forecast for a cumulative 250bps in cuts to Turkey's policy rate by end-2008 despite the decision by the central bank to cut by only 25bps at its January monetary... 2008-01-18

2008 should be a seminal year for Turkey's reform agenda with the Justice and Development Party (AKP) government likely to accelerate key legislative and economic policy changes.... 2008-01-14

The Kurdistan Workers Party (PKK) has been accused by Turkish authorities of detonating a bomb on January 3, in the mainly Kurdish city of Diyarbakir. The death toll currently stands... 2008-01-07

The Turkish banking sector has tremendous potential over the medium and long terms, with a confluence of positive strategic variables driving significant growth. Indeed, bank equities... 2007-11-20

In line with the larger than expected 50bps cut to the overnight borrowing rate in October, we have revised downward our end-year interest rate forecast to 16.25%, from an original... 2007-10-30