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Erdogan Hails Pandemic Normalisation in March; North Provinces See Covid Spike

TURKEY

LOCAL NEWS

  • Erdogan announces gradual pandemic normalisation as of the beginning of March. Provinces will be broken into 4 categories based on outbreak figures, and vaccination rates and pandemic measures will be lifted in steps.
    • Officials are due to release a roadmap on restaurants etc in the coming days
  • Northern provinces in the black sea region see a spike in Covid cases amid Erdogan-led conventions where crowds are 3-4x the size of those in Istanbul
  • CBRT Meeting 1100GMT - Hold expected with slight risks to a +50bp cut.
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com

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