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Old 19th December 2016, 08:51   #4 (permalink)
teosgirl
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Re: The Age of Erdoganomics Has Come

Stuart,

Most of my friends who own businesses (non tourist enterprises) are struggling, all except one who is in construction and building luxury villas near Izmir, which are being purchased by people moving from Istanbul.

Do you really think the economy is doing well and that there's good news in the article? Messing with statistics and financial outlooks has not made the country richer.

Turks get richer overnight due to revision in GDP per capita data - ECONOMICS

Turkey sees almost 50 percent rise in number of closed enterprises in November - ECONOMICS

Turkish economy shrinks for first time since 2009 - ECONOMICS

Unemployment in Turkey rises to 11.3 percent in August - ECONOMICS

Some Istanbul hotels may close down in winter amid tourism plunge: Association - TOURISM


What the actual figures say (and not government-led forecasts) are that more businesses are closing, tourism is down and there are more people out of work.

Charlotte
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