Turkey
Political Risk
BMI View: 2006 began in a blaze of optimism following an agreement with the EU to begin accession negotiations. However, relations have steadily deteriorated and, with the Cyprus...
2006-10-26Political Risk
BMI View: 2006 began in a blaze of optimism following an agreement with the EU to begin accession negotiations. However, relations have steadily deteriorated and, with the Cyprus...
2006-10-26Economy
With oil prices declining over the past few months and the lira generally trading between TRY1.42-1.49/US$ since August, the consequences of the currency's sharp depreciation in May...
2006-10-26Economy
With oil prices declining over the past few months and the lira generally trading between TRY1.42-1.49/US$ since August, the consequences of the currency's sharp depreciation in May...
2006-10-26Economy
Q2 economic data confirmed that the lira's depreciation had barely any impact on growth, with real GNP rising by 8.5% y-o-y. However, consumer confidence has subsequently fallen...
2006-09-27Economy
BMI View: The economy held up well in Q2, but latest data suggests that there is a slowdown underway. This is no bad thing, but the positive rebalancing of the economy could be thrown...
2006-09-27Political Risk
Despite continued reforms, we believe that the stand-off between Turkey and the EU will continue. This is a symptom of deteriorating political risk which we believe will continue...
2006-09-27Economy
With the government unlikely to bow to EU demands to open up its ports and airports to Cypriot registered vessels in the run up to elections in 2007, parliamentarians are focusing...
2006-09-27Economy
Preliminary data appears to confirm that the economic impact of the sharp lira sell-off in May will be fairly benign. Certainly, inflation has spiked - to 11.7% in June - and there...
2006-08-31Political Risk
It has been a bad year for tourism in Turkey. After stellar growth in 2004 and 2005, tourist numbers have fallen markedly, with revenue in the year to June down by 3.1% to US$4.1bn....
2006-08-31



