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Investing in Turkey

Inside this issue
• As the country’s financial situation changes, so may investor attitudes towards risk
• Political attitudes make for a challenging investment climate in the wine industry - -
Content
Chance to assert economic independence
But without the IMF ‘walking stick’, the recovery will be more sluggish, says Delphine Strauss
Corporate tax: State vigilance is a rising investor concern
Delphine Strauss asks whether recent demands mark a new strategy
Sabiha Gökçen: New terminal lands on time and budget
Istanbul’s second airport aims for growth, writes Delphine Strauss
Pharmaceuticals: Change in drug prices prompts heartache
Pelin Turgut examines the effects of electorally popular healthcare changes
Banking: Low interest rates call for new strategy
Delphine Strauss says that this year’s windfall profits are unlikely to be matched over the next few years
Energy: Success of oil pipeline depends on whims of Moscow
Government wants to ease traffic on the Bosphorus, says David O’Byrne
Iraq: Links growing beyond aid and smuggling
Alex Barker says the country’s long-term relationship with its war-torn neighbour is an opportunity
Migros: BC deal tests water for private equity
Martin Arnold says debt-funded acquisitions are becoming attractive
Wine: Government wary of temptations of Bacchus
Political attitudes make for a challenging investment climate, says Pelin Turgut
Tourism: Volumes rise, spending falls
Delphine Strauss asks if all-inclusive hotels are good for the health of the industry

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