Turkish economy

A Şimşek style answer to İmamoğlu questions of foreign investorsA Şimşek style answer to İmamoğlu questions of foreign investors

A Şimşek style answer to İmamoğlu questions of foreign investors

The İmamoğlu Crisis continues. Not only on the Turkish domestic political front, but also in terms of its effects on…

3 days ago
When Erdoğan says “know your place”: TÜSİAD fallout and Minister Şimşek’s dilemmaWhen Erdoğan says “know your place”: TÜSİAD fallout and Minister Şimşek’s dilemma

When Erdoğan says “know your place”: TÜSİAD fallout and Minister Şimşek’s dilemma

Turkish Industry and Business Association (TÜSİAD) Chairman Orhan Turan and High Advisory Council Chairman Ömer Aras were detained by police…

1 month ago
New battleground in Turkish politics: Syria versus economic reliefNew battleground in Turkish politics: Syria versus economic relief

New battleground in Turkish politics: Syria versus economic relief

When President Tayyip Erdoğan began reciting the opening verses of Surah Al-Fath in Arabic during his Justice and Development Party…

3 months ago
Türkiye’s taxes: “Milking the Cow” will become increasingly difficultTürkiye’s taxes: “Milking the Cow” will become increasingly difficult

Türkiye’s taxes: “Milking the Cow” will become increasingly difficult

Milking a cow constantly makes it hard to obtain sufficient and quality milk. Eventually, the cow becomes unwell and can…

3 months ago
Finance Minister: Controversial credit card fee is to fund ‘Steel Dome’Finance Minister: Controversial credit card fee is to fund ‘Steel Dome’

Finance Minister: Controversial credit card fee is to fund ‘Steel Dome’

Finance Minister Mehmet Şimşek stated that the additional fees to be collected through new proposal submitted to the parliament will…

6 months ago
AKP faces backlash over proposed “defence fee” on credit cardsAKP faces backlash over proposed “defence fee” on credit cards

AKP faces backlash over proposed “defence fee” on credit cards

Türkiye's ruling Justice and Development Party (AKP) has introduced a controversial bill to the parliament that would require high-limit credit…

6 months ago
Türkiye’s energy strategy: Ambitious goals, but how realistic?Türkiye’s energy strategy: Ambitious goals, but how realistic?

Türkiye’s energy strategy: Ambitious goals, but how realistic?

We are growing increasingly tired of repeating the same refrain. The world is indeed undergoing a profound transformation in its…

6 months ago
Turkish banking regulator’s wedding gifts trigger investigationTurkish banking regulator’s wedding gifts trigger investigation

Turkish banking regulator’s wedding gifts trigger investigation

Turkish Banking Regulation and Supervision Agency (BDDK) Deputy Chairman Mustafa Aydın is under scrutiny for accepting substantial wedding gifts from…

6 months ago
TUIK confusion: “Which inflation did you base the rate cut on?”TUIK confusion: “Which inflation did you base the rate cut on?”

TUIK confusion: “Which inflation did you base the rate cut on?”

Unless the Minister of Treasury and Finance or the Governor of the Central Bank is suddenly dismissed, as it happened…

9 months ago
Türkiye’s Finance Minister Şimşek: A de facto prime ministerTürkiye’s Finance Minister Şimşek: A de facto prime minister

Türkiye’s Finance Minister Şimşek: A de facto prime minister

I have no intention of targeting Mehmet Şimşek, the Minister of Treasury and Finance. Ruling Justice and Development Party (AKP)…

10 months ago