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  1. 2 ημέρες πριν · The European Commission released its 2024 Enlargement Strategy Document on Wednesday, including country reports assessing candidate and potential candidate countries, such as Türkiye. In response, Türkiye ’s Ministry of Foreign Affairs issued a statement rejecting what it views as biased criticisms, while welcoming positive notes on ...

  2. 23 Οκτ 2024 · Despite substantial tightening of monetary policy, the economy expanded 5.1% in 2023 and 3.8% (YoY) in H1 2024. Private consumption continued to be the main driver of growth, and the contribution of net exports turned positive in Q1 for the first time since Q3 2022.

  3. Source: S&P Global, EIU, Bureau of Economic Analysis, Eurostat. The real GDP growth rate for the third quarter of 2023 was 5.9%. In the 2003-2022 period, the annual average growth rate in Türkiye was 5.4%.

  4. Rebalancing in the Turkish economy continues slowly. We expect GDP growth to materialize closer to 4.5% in 2023 and decelerate to nearly 3.5% in 2024, where the fiscal stance and the size of capital inflows will be decisive for the pace of adjustment.

  5. High inflation, still partially unorthodox economic policy and weakening external demand will constrain real GDP growth in 2024, but growth will remain relatively firm in 2025-28. Read more: What to watch in 2024: Turkey hobbling towards stability

  6. 20 Σεπ 2024 · Türkiye’s economy expected to grow 2.7% in 2024. Regarding Türkiye, the IIF forecasts a 2.7% economic growth rate for 2024. The report also touches on the U.S. Federal Reserve’s (Fed) anticipated monetary policy in 2024, predicting a potential 100 basis point rate cut.

  7. 5 ημέρες πριν · Location. Southeastern Europe and Southwestern Asia (that portion of Turkey west of the Bosporus is geographically part of Europe), bordering the Black Sea, between Bulgaria and Georgia, and bordering the Aegean Sea and the Mediterranean Sea, between Greece and Syria.

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