02 Jul 2018
Change of OECD premium categories for medium- and long-term transactions
In accordance with the country risk classifications of the OECD Arrangement, Credendo – Export Credit Agency has upgraded the premium categories ...
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22 May 2018
Turkey: Turkish lira under pressure
Event In the context of a strengthening US dollar, rising US interest rates and increasing oil prices, the Turkish lira is again under severe ...
COUNTRY: Turkey
01 Dec 2017
Turkey: Turkish Lira again under pressure
Event Since September 2017, the Turkish Lira is again under pressure (cf. graph). End November, lira deprecation was driven by confirmation that a ...
COUNTRY: Turkey
04 May 2017
Turkey: Constitutional amendment approved with a slim majority by referendum
Event A slim majority approved the referendum on constitution change held in April. Most of the constitution modifications will be effective after ...
COUNTRY: Turkey
02 Dec 2016
Turkey: Turkish lira under pressure
Event The election of Donald Trump was followed by capital outflows from emerging markets. As a result, various EM currencies, among which the ...
COUNTRY: Turkey
01 Aug 2016
Turkey: Failed coup attempt
Event A group of soldiers tried to seize power in Turkey on 15-16 July. The plotters were rapidly arrested and the situation was quickly under ...
COUNTRY: Turkey
05 Jul 2016
Turkey: Relations with Russia and Israel improved
Event Following President Erdogan’s apologies for the downing of a Russian aircraft, the relationship between Russia and Turkey has improved. As a ...
COUNTRY: Turkey
01 Jun 2016
Turkey: Binali Yildirim appointed as new PM following Ahmet Davutoglu’s resignation
Event Following growing tensions with President Erdogan, former Prime Minister Ahmet Davutoglu stepped down. He was replaced by Binali Yildirim, a ...
COUNTRY: Turkey
01 Feb 2016
Turkey: Suicide bomb attack in tourism heart of Istanbul
Event A suicide bomber killed 10 tourists in Istanbul’s historical centre. Moreover, in December 2015 Russia adopted sanctions against Turkey, ...
COUNTRY: Turkey
03 Nov 2015
Turkey: Mr Erdogan wins parliamentary majority at early elections amid surging insecurity and political risk
Event Against pre-poll forecasts in a context of widening divisions among the Turkish society, president Erdogan claimed a great personal victory as ...
COUNTRY: Turkey
03 Aug 2015
Turkey: Military airstrike launched following a series of attacks; political uncertainty on the rise
Event In July, Turkey was hit by a series of attacks; the worst was the killing of 32 persons by alleged IS-linked militants in the Kurdish-majority ...
COUNTRY: Turkey
08 Jun 2015
Turkey: With AKP having lost its majority, the formation of a stable ruling coalition is likely to be challenging
Event According to preliminary results, the Justice and Development Party (AKP) secured 258 seats in the parliament, less than the majority. The ...
COUNTRY: Turkey