Economy updates

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2012 Turkish economy and real estate review

Turkey lifts to an all time high in 2012 as its economy grows almost double digits with a hungry property sector that turns to profit for investors. Pictured Turkey's Taner Sagir becomes the youngest world Olympic champion as he lifts the Turkish style .... read more


Turkey's falling jobless rate proof of healthy economy

Turkey's unemployment rate has fallen by .4% in the past year. .... read more


Turkey has better economic outlook than BRIC countries

According to financial analysts Turkey has a better financial outlook than the famous BRIC emerging nations. .... read more


Turkish Airlines wants to become biggest airline in the world

As per Turkeys bold ambitions to become one of the biggest economies in the world, Turkish Airlines Chief Executive has laid down ambitions for Turkish Airlines to become the biggest airline carrier in the world. .... read more


Europe's elderly flood to Turkey

An ageing Europe looking for solutions to oversubscribed health services is turning its eyes to Turkey. .... read more


Invest now in 'healthy' Turkey, analysts say

Analysts are saying that the time for investing in Turkey is now. .... read more


Russian tourists spend most money in Turkey

The most tourists in Turkey come from Russia rather than European counterparts according to a top executive in the tourism sector in Turkey. .... read more


Mercedes Benz to use Turkish Lira instead of Euro

German car giant Mercedes-Benz, the oldest automotive company in the world has decided to use Turkish Liras instead of Euros in its transactions with Turkey. .... read more


Unemployment rate in Turkey continues to go down

The rate of unemployment in Turkey has continued to drop as new statistics released have shown that in the three months leading to November, Turkey’s rate of unemployment fell to 9.1 percent, meaning that only 1 out of every 10 people in Turkey is unemployed – one of the best rates in Europe. .... read more


Turkey unemployment rate down to 8.8 percent

Official data in Turkey has shown that the unemployment rate in Turkey has dropped from to 8.8 percent in the three months leading to October, continuing the recent trend in Turkey. .... read more


European countries investing the most in Turkey

Turkish Economy Minister Zafer Caglayan has revealed that European countries invest the most in Turkey, making up 86 percent of total foreign direct investments (FDI) that Turkey received in the first 10 months of this year. .... read more


Report shows this is the best time to invest in Turkey

A new report has shown that the best time to invest in Turkey is now; there has never been a better time to put your money into the Turkish market. .... read more


Turkey double machinery exports to Germany

Machinery exports from Turkey to Germany have doubled in the first nine months of 2011 it has been revealed, rising by 94.4 percent between January and September this year compared with the same period in 2010. .... read more


Turkey GDP growth up 8.8 percent in second quarter

Official data has shown that Turkish Gross Domestic Production (GDP) has grown by 8.8 percent in the second quarter of the year, making Turkey the second fastest growing economy after China. .... read more


Spain Prime Minister says Turkey membership to the European Union of great importance to the EU

The Spanish Prime Minister has stated that due to the economic crisis that is engulfing Europe, the membership of Turkey to the European Union has become more important than ever. .... read more


New universities in Turkey bring total number of Universities in Turkey to 166

Due to recent development of the education system in Turkey, there are now 166 universities spread around Turkey. .... read more


New Turkish constitution to be a model for other countries

Deputy Prime Minister Bekir Bozdag has said that the most important notion in preparing a new constitution in Turkey is agreement between the political parties, civil society, and universities. .... read more


South of Turkey becoming increasingly important for wine production

The southern region of Turkey is becoming a more and more prominent force in the wine production industry, according to experts. .... read more


Turkey income per capita rises to 6th best in the world

According to the recent Economist Intelligence Unit (EIU) report, Turkey has risen to 6th place in the world of countries with the best income per capita. .... read more


More luxury Istanbul apartments in the works

The biggest property developer from United Arab Emirates, Emaar has announced it has invested $700 million in a luxurious project on the European side of Istanbul .... read more

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