Skip navigation links
Press Releases
News from Turkey
Publications
Upcoming Tenders
Links
Videos
Newsletter Subscription
This page is print preview page.
Click here to return to the page.
Print page
News
 
End of political uncertainty good news for foreign investors in Turkey, experts say 
02.11.2015

AA - The election victory of the Justice and Development (AK) Party, which will be able to form a majority government, is good news for foreign investors, experts told the Anadolu Agency on Monday.

 "The end of political uncertainty in Turkey is good news for foreign investors," Christopher Dembik, an economist with Saxo Banque in Paris, said in an interview late Sunday night. "We can now expect ongoing coherence in financial policy and hopefully more rapid action on structural reforms."

 Turkish Finance Minister Mehmet Şimşek told the press on Sunday that political uncertainty had ended with the election result. "This is a great opportunity for us to carry out reforms," he said.

 According to preliminary results based on 100 percent of votes counted, AK Party secured 49.5 percent votes -- a higher proportion than any of the predictions by opinion polls -- winning 317 seats at the 550-seat Grand National Assembly.

 "Investors had priced in concerns about a continuing period of instability, expecting no single party to be able to govern after this election," explained Neil Shearing, chief Emerging Markets economist with Capital Economics, in an interview on Sunday night.

 "With a stable government installed, the government can take action to reduce the current account deficit and to stimulate job creation. Investors can now expect the government to take steps to increase economic growth," Shearing said.

24.05.2019 Rebalancing and Rebounding Process Continue in The Turkish Economy
10.05.2019 Reform Action Group Meets First Time Under Chairmanship of President Erdoğan
01.05.2019 YOIKK Holds its First Meeting with New Structure
18.04.2019 ATC Annual Conference Convenes in Washington D.C.
12.04.2019 Turkey Inaugurates New Structural Reforms
02.04.2019 Investment Office Holds Roadshows in Austria and Italy
15.03.2019 AmCham Turkey / ABFT Holds 15th General Assembly Meeting
14.03.2019 Real Estate Giants Gather at MIPIM 2019 in Nice
14.02.2019 FDI Inflows to Turkey Surged in 2018
12.02.2019 Japanese Secom Enters into Turkish Market
<<
1 2 3 4 5 6 7 8 9 10
>>