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August 10, 2005 -

The Turkish Bulletin – August 10, 2005

The Turkish news of the last two weeks was highlighted by four major items: the Revised Custom Union Protocol, last of the prerequisites for the beginning of the EU negotiations, was finally ratified by Turkey on August 1st 2005. However…

July 26, 2005 -

The Turkish Bulletin – July 26, 2005

The major headlines of the last two weeks in Turkey included: the speculations over the signature of the revised Custom Union Protocol, the last requirement still to be met to start the accesion talks on October 3rd. President Sezer decided…

July 12, 2005 - ,

BNP Paribas plans entry into Turkish banking market through strategic partnership with Türk Ekonomi Bankası A.Ş. (“TEB”)

BNP Paribas announces that it has agreed with the Çolakoğlu Group to explore a strategic partnership in the Turkish banking sector. The parties signed today a Memorandum of Understanding whereby BNP Paribas intends to acquire a 50% stake in TEB…

July 12, 2005 -

The Turkish Bulletin – July 12, 2005

Last Thursday the city of London became the tragic set of a round of coordinated bombings which took the lives of 52 innocents. After an initial reaction the markets calmed down. The Turkish headlines were dominated by three items: while…

June 30, 2005 -

The Turkish Bulletin – June 28, 2005

The news of the last two weeks was highlighted by the tension surrounding the EU summit in the wake of the EU Constitution’s rejection with statements abundantly issued by both pro and anti-Turkey camps. Barroso stated that the EU should…

June 21, 2005 -

The Turkish Bulletin – June 15, 2005

The first two weeks of June in Turkey were highlighted by the May CPI which was posted at 0.92%, inducing an annual CPI inflation of 8.70%. The CBT intervened on the FX market, bringing the total of FX intervention since…

June 7, 2005 -

The Turkish Bulletin – June 2, 2005

During the last two weeks the news was highlighted by the drop in the unemployment rate to 11.7% in 1Q04 from 12.4% at the same period last year. Turkey’s trade deficit was up 24.4% YoY, despite a favorable 16.4% YoY…

May 17, 2005 -

The Turkish Bulletin 17/05/2005

During the last two weeks the Turkish economic news was highlighted by the additional 50bps cut in the O/N rates performed by the Central Bank of Turkey, bringing the borrowing and lending rates respectively to 14.5% and 18.5%. (note that…

May 4, 2005 -

The Turkish Bulletin 04/05/2005

The Turkish macro-economic data of the last two weeks was highlighted by the abnormally high March trade deficit settling at $3.7bn up by 15.2%, as a result of a 20.3% YoY rise in the exports. The evolution of tourism revenues…

April 19, 2005 -

The Turkish Bulletin 19/04/2005

The macro-economic news was highlighted as of mid-April 2005 by the CBT rates cut of 50 bps, confirming the declining trend in inflation, and the fall of the net public debt stock to GDP ratio to 63.5%, thus narrowing the…

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News archive

PrintPrint
August 10, 2005 -

The Turkish Bulletin – August 10, 2005

The Turkish news of the last two weeks was highlighted by four major items: the Revised Custom Union Protocol, last of the prerequisites for the beginning of the EU negotiations, was finally ratified by Turkey on August 1st 2005. However…

July 26, 2005 -

The Turkish Bulletin – July 26, 2005

The major headlines of the last two weeks in Turkey included: the speculations over the signature of the revised Custom Union Protocol, the last requirement still to be met to start the accesion talks on October 3rd. President Sezer decided…

July 12, 2005 - ,

BNP Paribas plans entry into Turkish banking market through strategic partnership with Türk Ekonomi Bankası A.Ş. (“TEB”)

BNP Paribas announces that it has agreed with the Çolakoğlu Group to explore a strategic partnership in the Turkish banking sector. The parties signed today a Memorandum of Understanding whereby BNP Paribas intends to acquire a 50% stake in TEB…

July 12, 2005 -

The Turkish Bulletin – July 12, 2005

Last Thursday the city of London became the tragic set of a round of coordinated bombings which took the lives of 52 innocents. After an initial reaction the markets calmed down. The Turkish headlines were dominated by three items: while…

June 30, 2005 -

The Turkish Bulletin – June 28, 2005

The news of the last two weeks was highlighted by the tension surrounding the EU summit in the wake of the EU Constitution’s rejection with statements abundantly issued by both pro and anti-Turkey camps. Barroso stated that the EU should…

June 21, 2005 -

The Turkish Bulletin – June 15, 2005

The first two weeks of June in Turkey were highlighted by the May CPI which was posted at 0.92%, inducing an annual CPI inflation of 8.70%. The CBT intervened on the FX market, bringing the total of FX intervention since…

June 7, 2005 -

The Turkish Bulletin – June 2, 2005

During the last two weeks the news was highlighted by the drop in the unemployment rate to 11.7% in 1Q04 from 12.4% at the same period last year. Turkey’s trade deficit was up 24.4% YoY, despite a favorable 16.4% YoY…

May 17, 2005 -

The Turkish Bulletin 17/05/2005

During the last two weeks the Turkish economic news was highlighted by the additional 50bps cut in the O/N rates performed by the Central Bank of Turkey, bringing the borrowing and lending rates respectively to 14.5% and 18.5%. (note that…

May 4, 2005 -

The Turkish Bulletin 04/05/2005

The Turkish macro-economic data of the last two weeks was highlighted by the abnormally high March trade deficit settling at $3.7bn up by 15.2%, as a result of a 20.3% YoY rise in the exports. The evolution of tourism revenues…

April 19, 2005 -

The Turkish Bulletin 19/04/2005

The macro-economic news was highlighted as of mid-April 2005 by the CBT rates cut of 50 bps, confirming the declining trend in inflation, and the fall of the net public debt stock to GDP ratio to 63.5%, thus narrowing the…

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