Economy

Economy

Economy
Istanbul bears the characteristic of being the capital city of three Great Empires and she is also one of the few cities which has been the center of the country's economic life. Although the city did not become the political capital for the new Republic, established in 1923, it has always been one of the…
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Economic Outlook

Economic Outlook
The Turkish economy has shown remarkable performance with its steady growth over the last decade. A sound macroeconomic strategy in combination with prudent fiscal policies and major structural reforms in effect since 2002 has integrated the Turkish economy into the globalized world, while transforming the country into one of the major recipients of FDI in…
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Access to Finance

Access to Finance
The Turkish banking sector, which is the 2nd largest banking system in Emerging Europe after Russia, is well capitalized and highly liquid, allowing it great flexibility to provide financing for investors in the country. In addition to banks, the Turkish credit market allows investors to access to project financing through leasing and factoring companies. There…
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