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Sunday 14 September 2025

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Context on Markets
Publications EGF Turkey File  PDF  (156 Kb)

Insights into Turkish Domestic and International Politics
February 2012

Key Points:


  • A crisis erupted between state prosecutors and the intelligence service, when members from the latter refused to turn up for questioning regarding an investigation into ties to the PKK. The intervention of prime minister and the parliament have calmed matters for now, but some experts speculate the incident is a result of a break between the AKP and the Gulenist movement.
  • Bloodshed in Syria continues while Foreign Minister Ahmet Davutoglu travels to capitals throughout the world in an attempt to drum up support for an UN resolution to stop the violence there. Syrian refugees continue to flood into Turkey’s southern provinces, where the Free Syrian Army is said to be organizing the armed resistance to the regime in Damascus.
  • France’s Constitutional Council invalidates the Armenian Genocide draft law passed in January, though both presidential candidates have vowed to push a reworded version upon entering office.
  • The cold spell in Turkey shows the weakness in the country’s position as a net importer of gas, while supply issues with Azerbaijan and Iran drastically cut imports amidst increased use in the month. Energy Minister Taner Yildiz met with NABUCCO’s board of partners to discuss the link up of it and TANAP.
  • READ MORE

  • March 8, 2012
News Belarus to impose tit-for-tat ban on Ukrainian goods

Unless Ukraine lifts its ban of Belarusian milk and meat, Minsk threatens to impose a total ban on Ukrainian export to this country, Ukraine agriculture ministry March 3 website release runs.

  • March 3, 2012
News Bulgaria Renews Electricity Exports

Bulgaria is set to renew on Tuesday its electricity exports that it stopped due to the severe winter conditions in the country.

  • February 21, 2012
News Swedbank expects inflation to grow in Estonia

Consumer prices increased by 0.7% in January in Estonia compared to the previous month. Swedish bank Swedbank experts forecast that the inflation would continue growth in coming months, albeit, at a slower pace. The bank predicts that the price index would decrease in Lithuania in 2012, Swedbank said in a statement.

  • February 21, 2012
News Europe rises on Greek hopes; Asia mostly up

European stock markets rose yesterday on confidence that a new bailout for Greece will finally be approved while sentiment got a boost from the latest Chinese move to ease credit.

  • February 21, 2012
Publications EGF Turkey File  PDF  (249 Kb)

Insights into Turkish Domestic and International Politics
January 2012

Key Points:


  • Russia’s Gazprom announces that the South Stream gas pipeline project will begin construction ahead of schedule in December 2012, putting NABUCCO in an increasingly precarious position.
  • Turkey slips further down the rankings of the media watchdog, Reporters Without Borders, press freedom rankings, now 148 out of 178 countries. This development comes following the fifth anniversary of the killing of writer Hrant Dink and a ruling in the case of his death stating that it was not the result of organized crime.
  • Former Turkish Military (TSK) Chief of Staff, Ilker Basbug, was arrested on charges of supporting websites that were part of a conspiracy to overthrow the government. The military remains quiet on the matter, indicating that the ruling AKP government has triumphed in keeping the TSK under full civilian control. But the wide swath of those accused of complicity in conspiracy investigations continues to draw criticism at home and abroad.
  • Both houses of the French parliament pass a law criminalizing the denial of the Armenian genocide, with Turkish politicians voicing their outrage at the decision against a backdrop where relations between Paris and Ankara are at the lowest level in recent memory.
  • READ MORE

  • February 21, 2012
News Azerbaijan’s essential role in future EU energy security

“There needs to be a significant Azerbaijani gas supply to Europe, and that will enhance European energy security and position Azerbaijan as a major player in the international arena”

  • February 18, 2012
News Turkmen authoritarian leader sworn in for new term

Turkmenistan's authoritarian president was sworn in Friday for a second term during a lavish ceremony filled with adulation for the man increasingly referred to as the "protector" of this tightly controlled, resource-rich nation.

  • February 17, 2012
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