Economic Updates: Turkey

Turkish Parliament Passes Key EU Reforms

Turkey | 7 Aug 2002

In an early morning session on August 3rd Turkey's Parliament passed sweeping reforms aimed at European Union membership.

Iran Eyeing More FDI

Turkey | 7 Aug 2002

Iran looks intent on boosting much needed foreign investment after a bumpy start to efforts meant to ease curbs on foreigners doing business there.

Dubai to Upgrade Smelter

Turkey | 30 Jul 2002

Dubai’s largest aluminium producer DUBAL signed on July 24th a Term Loan Facility with Citibank, a member of Citigroup, worth a reported AED 734m ($200m) to fund a major plant upgrade.

Turkish Parliament Meets on Critical Agenda

Turkey | 30 Jul 2002

The Turkish Parliament began meeting on July 29th to set a date for early elections and to consider reforms that need to be passed if Ankara is to begin membership talks with the European Union.

Turkish Parliament to Reconvene Ahead of Polls

Turkey | 22 Jul 2002

The way forward from two months of uncertainty over a hamstrung Turkish government and a stifling political impasse over European Union-demanded reforms seems clearer, with the government’s announcement on July 16th that early polls would be held on November 3rd.

Turkey Headed To November Polls

Turkey | 17 Jul 2002

Prime Minister Bulent Ecevit removed his longstanding opposition to early elections, with the coalition announcing on July 16th that they had agreed to hold polls on November 3rd.

Turkish Government On The Brink

Turkey | 10 Jul 2002

The Turkish government was reeling after a key member in the fractious three-party coalition quit on July 8th, followed by a mass defection of over 30 deputies from Prime Minister Bulent Ecevit’s Democratic Left Party (DSP).