Turkey
Economy
BMI View: Through April, the general government budget deficit of Turkey was TRY1.3bn, compared to TRY5.4bn during the same period of 2012. This has been driven by year-to-date revenue...
2013-05-23Political Risk
After months of failed negotiations, the Deputy Chairman of the ruling Justice and Development Party (AKP) has announced a deadline of July 1 for a consensus on a new draft constitution....
2013-05-23Political Risk
POLITICAL RISK - Major Progress In Peace Talks On April 25, the military commander of the Kurdistan Workers' Party (PKK) announced the withdrawal of militants from Turkey would commence...
2013-04-26Economy
BMI View: Although the Central Bank of Turkey has maintained an accommodative stance in 2013, having cut the main policy rate by 50bps in their last monetary policy committee meeting,...
2013-04-26Political Risk
Just one day after the jailed leader of the Kurdish Workers Party (PKK), Abdullah Ocalan, called for a ceasefire in its decades old armed conflict with Turkey, a normalisation of relations...
2013-03-28Economy
BMI View: As a recovery in domestic demand gathers strength, Turkey's current account deficit is poised to widen in 2013. As in 2011, when the current account deficit reached 9.7%...
2013-03-28Economy
Negotiations between the Turkish government and the Kurdistan Workers Party (PKK) look set to commence, following news Prime Minister Recep Tayyip Erdogan had accepted a proposal for...
2013-02-22Economy
BMI View: We have made a slight amendment to our current account forecast for 2013 to reflect our view that the country's external rebalancing process will take a breather over the...
2013-02-22
