Turkish economy

Canada's Prime Minister Mark Carney (R) is welcomed by Turkey's Treasury and Finance Minister Mehmet Simsek upon arrival at Esenboga Airport to attend the 36th NATO Heads of State and Government Summit in Ankara on July 7, 2026. (Photo by Muhammed Abdullah Kurtar / POOL / AFP via Getty Images)

Canada, Turkey launch free trade talks on NATO summit sidelines

Trade between the two countries stood at $4.3 billion in 2025, and officials from both countries will meet to lay the groundwork for the first FTA negotiations.

Syrian textile employees work in a textile workshop in Gaziantep, Turkey, on Jan. 30, 2025.

Explainer

Turkey eases job rules for 1M+ Syrians under temporary protection: What to know

The move, part of a broader easing of restrictions on Syrians living in Turkey, could allow roughly 1.1 million working-age Syrians to enter registered employment more easily as Ankara seeks to reduce informal labor and address workforce gaps.

https://www.al-monitor.com/originals/2026/06/will-pashinyans-victory-armenia-be-enough-unlock-peace-turkey-azerbaijan

Explainer

Venezuela’s Delcy Rodriguez meets Erdogan in surprise Turkey visit: What to know

Venezuelan acting President Delcy Rodriguez visited Turkey as part of Caracas' post-Maduro diplomatic outreach, seeking to deepen ties with Ankara in energy, trade and mining despite the continued constraints of remaining US sanctions.

OLE BERG-RUSTEN/NTB/AFP via Getty Images

Turkey’s NATO pipeline bid fuels rivalry with Greece: What to know

Ankara says the project would be faster and cheaper than alternatives, but rival routes could sharpen competition with Greece over eastern flank logistics.

Latest News

Turkey, Armenia to launch direct trade in normalization push: What to know

Turkey’s President Recep Tayyip Erdogan, right, and Armenia’s Prime Minister Nikol Pashinyan shake hands before a meeting at Prague Castle in Prague, Czech Republic, Thursday, Oct. 6, 2022.

Analysis

Iraq’s Zaidi offers economic promise for Turkey but unknowns loom

Zaidi

Barin Kayaoglu

By Barin Kayaoglu

In Ankara, reporting on geopolitics and national security

Turkey’s Baykar tests K2 swarm kamikaze drones for first time: What to know

CORLU, TURKEY- MARCH 2: A B model of Bayraktar AKINCI TİHA (Assault Unmanned Aerial Vehicle) in the sky on March 2, 2022 in Corlu, Turkey. (Photo by Baykar Press Office/dia images via Getty Images)

Analysis

How the Iran war is giving Turkey's Erdogan a big boost

Turkey’s President Recep Tayyip Erdogan speaks to MPs at his party's group meeting in the Turkish parliament on Jan. 21, 2026 in Ankara, Turkey.

Amberin Zaman

By Amberin Zaman

Reporting on geopolitics, minorities, human rights, culture

What’s next for Erdogan after eastern Mediterranean and Caucasus?

Turkey's involvement in the South Caucasus conflict and decision to test the S-400 missile system show that Erdogan is continuing to embark on new adventures despite his recent failure in the eastern Mediterranean.

Intel: Turkey orders arrest of pro-Kurdish politicians over 2014 Kobani protests

How Turkey’s ‘zombie’ companies keep afloat

A number of big companies that would have normally gone bust amid Turkey’s economic turmoil are surviving thanks to government favors.

Turkey’s ‘city hospitals’ threaten a financial black hole

Turkey’s controversial “city hospitals” threaten to swallow up billions of dollars in public money by the time their 25-year contracts with the government end.

Economic policy reversal fraught with political risks for Erdogan

Ankara’s bid to warm the pandemic-hit economy has backfired, forcing a policy reversal that threatens to aggravate popular grievances and heighten political risks for Erdogan.

Erdogan: Turkey on path to ‘unstoppable power’ in region

Turkish president throws his lot in again with Russia and Iran in Syria, expands plans for influence in North Africa and moves to convert the Hagia Sophia back into a mosque.

Foreign investors flee Turkey, Ankara’s isolation grows

An exodus of foreign investors has aggravated Turkey’s economic woes and could prove disastrous for the AKP’s political future.

Turkish lira banknotes are pictured at a bank in the town of Sarmada in Syria's northwestern Idlib province, on June 14, 2020. - Authorities in northwest Syria are taking steps to substitute the plummeting Syrian pound with the Turkish lira to shield their opposition-held region from an economic crisis ahead of new US sanctions, an official said. The Salvation Government -- a civilian body affiliated to the Hayat Tahrir al-Sham jihadist group which dominates the Idlib region -- had already started paying wa

Turkey’s ‘peg-legged’ foreign currency reserves

Turkey’s central bank appears increasingly fragile, with more than 60% of its reserves secured through swap deals.

Is Turkey’s wealth fund becoming a crisis shelter?

More company rescues could be imminent in Turkey after the sovereign wealth fund acquired the control of a leading mobile phone operator at the expense of further borrowing.

Turkey’s economic turmoil imposing early polls on Erdogan

Grappling with economic strains that might grow worse down the road, Turkey’s president faces an early election conundrum.

A Turkish Airlines Airbus A320-200 plane is seen on the tarmac of the city's new Istanbul Airport in Istanbul, Turkey, April 6, 2019. REUTERS/Umit Bektas - RC1E1602C690

Turkey’s megaprojects threaten ‘mega’ financial havoc

Turkey’s government might be forced to nationalize some megaproject investments, chief among them the new airport in Istanbul, which have hit dire straits under the combined impact of the COVID-19 pandemic and Turkey’s existing economic woes.

Is Turkey on moderation path in its foreign policy?

Conciliatory messages coming out of Ankara recently may appear as an effort to moderate Turkish foreign policy vis-a-vis the United States, Europe and Israel, but they are likely to be just maneuvering to weather the many stalemates in Turkey's foreign ties.