Tag Archives: Central bank

Turkish Government Pursues Step by Step an Unorthodox Economic Path

Business leaders in Turkey not only face uncertainties over the growth of the economy, with the pandemic far from over. They also hope that the central bank is right in claiming that the lira will not drop much further this year after last year’s fairly dramatic plunge. When the Turkish government at the start ofContinue reading “Turkish Government Pursues Step by Step an Unorthodox Economic Path”

Turkey Is Fighting to Contain Inflation and a Drop of the Lira

While Europe is grappling with a resurgence of the corona crisis and its adequate response, the situation at its borders is deteriorating too – Belarus, Ukraine, Libya to name but a few of the countries where important crises are ongoing. A case for particular concern though is Turkey, or so it should be, because theContinue reading “Turkey Is Fighting to Contain Inflation and a Drop of the Lira”