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    Turkish economy

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    • Sunday, 4 June, 2023
      Turkey’s new finance minister pledges return to ‘rational’ economic policy

      Mehmet Şimşek signals intention to move away from unorthodox strategy that has fuelled crisis

    • Friday, 2 June, 2023
      Turkish politics
      Investor favourite Mehmet Şimşek set to return as Turkish finance minister

      Move signals that President Recep Tayyip Erdoğan may be open to a more orthodox economic approach

    • Wednesday, 31 May, 2023
      Erdoğan’s pre-election spending spree boosts Turkey’s economy

      Economists warn economic stimulus and ultra-loose monetary policies will fuel inflation crisis

    • Tuesday, 30 May, 2023
      Turkey’s lira weakens as economists warn of Erdoğan’s ‘unsustainable’ policies

      Re-elected president insists interest rates should stay low despite inflation running at over 40%

    • Friday, 26 May, 2023
      Turkish lira
      Market jitters push Turkish lira to fresh low ahead of presidential vote

      Currency falls to 20 to the dollar for the first time as polls predict Erdoğan victory at runoff election

    • Thursday, 25 May, 2023
      Trade SecretsAlan Beattie
      Erdoğan’s monetary misadventures are pushing Turkey off course

      The country’s vigorous export-oriented private sector is being threatened by the president’s economic chicanery

    • Thursday, 18 May, 2023
      Turkey’s foreign currency and gold reserves fell $17bn before election

      Pre-poll worries over economy exacerbated since Erdoğan’s strong first-round showing

    • Tuesday, 16 May, 2023
      News in-depth
      Erdoğan’s ‘unsustainable’ policy risks lira sell-off, warn rating agencies

      Investors increasingly concerned over Turkish president’s insistence that low interest rates cure inflation

    • Monday, 15 May, 2023
      Markets InsightFrancesc Balcells
      With Erdoğan ahead in Turkey’s elections, investors must reprice risks

      Hopes are dimming that a change in political power could mark return to economic orthodoxy

    • Monday, 15 May, 2023
      Turkish default protection costs soar as Erdoğan leads presidential vote

      Cost of credit default swaps records biggest rise in two years, while bonds sell off

    • Tuesday, 9 May, 2023
      Turkey
      Erdoğan hands pay rise to 700,000 public workers ahead of Turkish vote

      President says he would ‘not let anyone be crushed by inflation’

    • Tuesday, 9 May, 2023
      ObituaryKemal Derviş
      Kemal Derviş, economist, 1949-2023

      He was the architect of IMF-backed progress subsequently reversed by Erdoğan

    • Tuesday, 9 May, 2023
      FT CollectionsTurkish general election 2023
      Erdoğan faces his greatest electoral challenge yet

      After 21 years in power, the president is in a tight contest with a united opposition determined to change the course of the nation

    • Sunday, 7 May, 2023
      News in-depth
      Investors warn Turkish economy in for ‘tough period’ regardless of who wins election

      Winning back credibility with foreign fund managers will be ‘grotesquely difficult’ 

    • Wednesday, 12 April, 2023
      FT CollectionsTurkish general election 2023
      ‘They’ve screwed the economy’: Turkey’s heartland voters tire of Erdoğan

      Faith in the veteran leader is dwindling but does not necessarily translate into support for the opposition

    • Tuesday, 4 April, 2023
      Gönül Tol
      Erdoğan’s authoritarian bargain collapses in Turkey

      Next month’s elections offer a chance for the united democratic opposition but victory will not be easy

    • Wednesday, 29 March, 2023
      FT CollectionsTurkish general election 2023
      Erdoğan to slash Turkey’s energy bills ahead of tough election

      Government seeks to win favour among voters by reducing costs for consumers and businesses

    • Monday, 13 March, 2023
      Turkey’s current account deficit hits highest level since records began

      President’s economic stewardship under increasing scrutiny ahead of May general election

    • Thursday, 9 March, 2023
      Turkey raises $2.25bn in first bond deal since earthquake

      Tens of billions of dollars needed to rebuild homes, hospitals and schools after February disaster

    • Tuesday, 28 February, 2023
      Turkish economy’s growth driven by strong consumer spending

      Rise in GDP last year underlines how President Recep Tayyip Erdoğan prioritises growth over fighting inflation

    • Thursday, 23 February, 2023
      Turkey cuts interest rates in effort to boost economy following earthquake

      Reduction is latest in series of big rate cuts ahead of general election

    • Wednesday, 22 February, 2023
      Turkey offers support to quake-hit businesses in southern region

      Presidential decree bars workplaces damaged by the natural disaster from dismissing staff

    • Wednesday, 15 February, 2023
      Turkish stocks leap as market support efforts bear fruit

      Istanbul’s main index rises almost 10% after reopening from post-earthquake suspension

    • Tuesday, 14 February, 2023
      Turkey leans on pension funds to prop up stock market

      Order to boost equity holdings comes as market prepares to reopen after earthquake triggered sell-off

    • Friday, 10 February, 2023
      The FT ViewThe editorial board
      Turkey and Syria face tragedy once more

      The countries confront different challenges in responding to Monday’s huge earthquake

    Previous page You are on page 1 Next page

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