Analysis
Smart, independent reporting on Turkey's politics, economy and foreign affairs.
On Feb. 23, four separate courts in Istanbul and Ankara heard cases involving the CHP congress, corruption claims by businessperson and confessor Aziz İhsan Aktaş, accusations about its provincial chair, and the trial of a party bus driver.
Turkey’s sweeping drug operations have expanded to include prominent figures from business and entertainment, triggering debate over whether the focus remains on organized crime kingpins or on well-known public personalities.
The EU’s draft “Made in Europe” proposal to support European producers of green technology excludes Turkey from “Europe” but allows the European Commission to determine which non-EU countries can be included in the scheme on a sectoral basis. The Turkish business community is alarmed at the new rules aimed at strengthening European manufacturing against rising competition from China and the U.S., Turkey in Depth learned. Fearing this would create a new hurdle in Turkey’s trade with the EU, business leaders have been lobbying in Brussels, urging officials to consider Turkey as part of Europe. Turkey in Depth has learned that President Recep Tayyip Erdoğan sent a letter to President of the European Commission Ursula von der Leyen regarding the decision.
Turkey’s top business association, TÜSİAD, elected Ozan Diren as its new chair at its ordinary general assembly in Istanbul. Diren, the sole candidate, will serve for the 2026–2027 term. He succeeds Orhan Turan, who completed two terms in office.
A new U.S. tariff move targeting countries that do business with Iran is placing billions of dollars of Turkey’s trade at risk, with exports to the United States and energy trade with Iran most exposed.
The drug-using operation that started with artists in October, then extended to sports, media, business and politics, continues with the unlawful sharing of private conversations and denials of drug use despite forensic reports. The names of some prosecutors, politicians and advisers appeared in the investigation early on, yet media coverage has so far remained silent about them.
The CHP has unveiled its new shadow cabinet, touting it as the team that would govern Turkey if elected. However, the lineup has sparked backlash from left-wing critics over the dominance of business figures and center-right politicians occupying key posts. Despite advocating a return to the parliamentary system — where the executive is known as the Council of Ministers and members are elected, not appointed — the CHP has mirrored the presidential model by labeling its team a “cabinet” and appointing shadow cabinet members who are business figures active in the very sectors they oversee.
A social media post by the Court of Cassation’s 11th Civil Chamber President Abdullah Yaman has ignited a heated conflict involving a top judge, a prominent businessperson, and the pro-government daily Yeni Şafak, drawing attention to serious corruption allegations within Turkey’s judiciary.
A wave of asset seizures and prosecutions has shattered old certainties about which business groups are in favor with the government. The detentions and confiscations – some linked to the corruption probes into CHP municipalities – are raising hairs across the business world with observers uncertain whether it’s a genuine anti-corruption effort, a move to redistribute capital, or a sign of an internal power struggle within the presidency.
No decision was reached at the second hearing of the case against two leaders of the top business group TÜSİAD for comments they made in speeches. In court, Orhan Turan, chair of the Board of Directors of the Turkish Industrialists' and Businessmen's Association (TÜSİAD), and Ömer Arif Aras, Chair of the High Advisory Council (YİK), denied the charges against them and requested acquittal.
The tax burden for many small businesses will rise after changes announced in the Official Gazette.
Since Istanbul Mayor Ekrem İmamoğlu’s detention on March 19, the CHP has held 40 rallies despite no upcoming elections, yet failed to shift the political agenda. The party opened İmamoğlu’s first campaign office in its Çankaya stronghold in Ankara, only to see its provincial chair dismissed days later. Though operations against Istanbul Municipality slowed, confessions from businessperson Aziz İhsan Aktaş continue to dominate headlines. A fresh wave of arrests targeted subsidiaries ISFALT and IETT, as well as tender officials.