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Inside this issue
• The spectre of unemployment is rearing its head as the slowdown bites
• Confectionery group Ülker has begun to expand into the European Union - -
Content
A chill wind blows in but long term looks good
The good times were sputtering before the credit crunch, reports Delphine Strauss
Economy: Fears of joblessness as growth falters
The global downturn has exposed structural problems, reports Delphine Strauss
Banking: Thinning margins will spark consolidation
Big gains in market share will only come through acquisitions, writes Delphine Strauss
Legal reforms: Code heralds new era of good practice
Delphine Strauss looks at legislation to raise business standards to international levels
Istanbul Stock Exchange: Low transaction fees and an international dimension
The main market is in some ways an unusual beast, says Jeremy Grant
Exports: Trade with the Middle East soars as relationships thaw
The government is managing to diversify its mercantile links beyond European Union partners, writes Pelin Turgut
Remzi Gür: High places pose big risk
The retail magnate and friend of the prime minister, talks to Alex Barker
Ülker: Ambitious confectioner snaps up Belgium’s Godiva
One bakery has grown into a group of 82 companies, writes Pelin Turgut
Infrastructure: Projects take off, but not before time
There is a long way to go to realise the dream of being a transport hub, says Robert Wright
Sinan Ülgen: A country caught in a Hotel California-style dilemma
Turkey is stuck between macro stability-producing first generation reforms and productivity-enhancing second generation reforms, writes Sinan Ülgen
