Bozcaada - Bozcaada, former Tenedos and one of the two beautiful islands of Aegean Sea, is a very special vacation place with its marvelous sea, fresh air, historical structure, vineyards and exquisite wine. “God created Bozcaada for those who visited there, to have a long life.” was famous Greek historian Herodot's saying. Islanders memorize it and this sentence is the most frequently heard quote during your stay and when you leave Bozcaada you indeed agree with Herodot's praises to Bozcaada. As the ferry draws closer you realize it is a very pretty island. The Bozcaada Fort was rising in front of us with its all radiance. The people who welcome you are the representatives of the motels and pensions waiting for customers on the quay carrying banners. Above all some of them draw near you and ask whether you have a place to stay while handling their cards. It is not a bad method. However you are not going to need them since I've made a real hard survey. In order to stay there you first should make a choice between hotel, motel, apart-hotel, pension and “Vacation Farm”. Holiday Village concept has become Holiday Farm in Bozcaada in conformity with the nature. Let's first begin with them. We went to Kiraz Tatil Çiftliği (Cherry Vacation Farm) located at Tuzburnu Koyu (Tuzburnu Cove) following our friends' advises.>>

Turkey is one of the fastest growing economies in OECD,The Turkish economy has grown steadily over the last 27 quarters with an average rate of 7%. This growth is expected to continue in coming years with a lower rate due to the global financial crisis. After the 2001 financial crisis, Turkey made important structural reforms which have led to improve her financial system. Therefore, Turkey is relatively less affected by the global crisis. Although nowadays Turkey has to deal with debts which mostly belong to private companies, effects of the global financial crisis to Turkey are not going to be an internal one on the most part, but it is going be an external one as less demand for exports. Also previous crisis experience of Turkish businessmen and economy officials make Turkey more resilient to the global financial crisis today. Being the commercial center of southeastern Europe, Middle East and Eurasia, Turkey is becoming an increasingly important economic and diplomatic country in the region. Between 2001 and 2007, Turkey’s GDP have increased by 242% totaling to USD 656.6 billion and she became the 15th largest economy in the world.>>

Monthly AT-A Glance : “Politics in the driving seat”

Markets remain unstressed with high growth, low inflation and rising foreign inflows, despite stress tests in the Euro zone….

The stress tests of EU banks and pensions time-bombs have failed to stress the Turkish economy, which has recovered quickly along with a few other EMs, reinforcing our long-held view that EMs will lead the way in global recovery.

Turkey should remain secular, market driven, and a natural ally of neighbors both East and West in order to stay engaged with the world’s power houses. This offers considerable hope for the future of the economy, as well as the markets.

The performance of the ISE has long been driven by global developments, and Turkey has been one of the major outperformers in the MSCI emerging markets universe, period, thanks to its relatively strong positioning throughout the crisis, and its weathering of the impact of global issues. We believe that external developments will remain effective, although these factors will be accompanied by domestic politics as we enter into a referendum period.>>