REFEREES DENY BETTING ALLEGATIONS
The 152 soccer referees accused of betting on matches have denied doing so.
Analysis
In-Depth Analysis
Smart, independent reporting on Turkey's politics, economy and foreign affairs.
ANKARA LEADS IN CREDIT DEBT, KARAMAN TOPS IN UNPAID LOANS
Turkey’s Banking Regulation and Supervision Agency (BDDK) released new data covering the first nine months of 2025, revealing the country’s debt landscape by province. The capital, Ankara, recorded the highest total credit debt, while the central Anatolian province of Karaman had the largest share of citizens unable to repay their loans and facing collection proceedings.
NUMBER OF COMPANIES FILING FOR CONCORDAT RISES BY 72%
The financial crisis facing companies in Turkey is deepening as the amount of non-performing loans from banks exceeded 519 billion lira as of the week of Oct. 24. In the January-October period of 2025, the number of companies granted a temporary moratorium on debt repayment rose to 2,326, a 72% increase year on year.
A MOUNTAIN ERASED, A LAKE “RENAMED,” A PEACE IN PROGRESS IN THE CAUCASUS
In political terms, the conflict between Armenia and Azerbaijan is over, but in the socio-psychological dimension, it continues, according to the Armenian prime minister. 'When I talk about peace, it seems strange and even alien to many. Peace is an unfamiliar concept for Armenia and Azerbaijan,' Nikol Pashinyan said Nov. 4 at the annual forum of the Orbeli Center, which operates under the Prime Ministry.
ANKARA IS DECISIVE ON FLYING OVER AEGEAN SEA WITH EUROFIGHTERS
The Defense Ministry denied reports that Turkey cannot use the Eurofighter Typhoon fighter jets it will procure from the U.K. against Greece over the Aegean Sea.
FORMER HDP MPS RELEASED
As expectations grow for the release of former HDP Co-chair Selahattin Demirtaş, former HDP MPs Semra Güzel and Hüda Kaya have been released, taking into account the length of their detention.
EKREM İMAMOĞLU: “NOT TOMORROW, NOW”
We’ve borrowed the headline from a famous Turkish pop song of the 1970s, “Çilli Bom Bom.” One verse goes: “Don’t leave today’s work for tomorrow / Seize the moment, don’t hesitate / The world turns fast, life is short / Tomorrow won’t do—it has to be now.” Ekrem İmamoğlu could be said to be “impatient.” Like in the song, he’s in a hurry. But to explain this as a mere character trait would be insufficient. Some attribute his impatience to being from Trabzon — in other words, a typical Black Sea temperament — but geography alone cannot explain it either.
A JUDGE CONTINUES TO THROW THE CANDLE ON YENİ ŞAFAK
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.
BETTING SCANDAL ROCKS TURKISH FOOTBALL
President of the Turkish Football Federation (TFF) İbrahim Hacıosmanoğlu revealed that 371 of the 571 referees officiating in professional matches had betting accounts, and 152 of them were actively placing bets.
TURKEY’S HYDROPOWER OUTPUT PLUNGES 25% AS DAMS RUN DRY
Turkey’s once-mighty dams are losing their power — literally. Electricity generation from the country’s largest hydro plants has fallen by a quarter in the past three decades, a drop experts link to worsening drought and years of poor planning.
A NEW TONE, OLD REALITIES, AND A HARD ROAD AHEAD IN CYPRUS
The election of Tufan Erhürman as president of Northern Cyprus rekindled hopes for renewed negotiations with the Greek Cypriots.Erhürman’s opening statements — stressing democratic tolerance, representation and the need to reopen talks under UN auspices with political equality as his “red line” — set a constructive tone: “There are no losers in this election. The Turkish Cypriot people won, our children won, our brotherhood won.” Yet those words of unity sit alongside firm warnings: political equality cannot be treated as a bargaining chip, and any new process must have meaningful limits and commitments from the outset.
STARMER’S $10.7 BILLION JET DEAL AND MERZ’S EU MESSAGE: DIFFERENT TACTICS, SAME DISTANCE
Nearly a decade after the migration deal that was signed between the EU and Turkey under the leadership of Germany, the arrangement that succeeded in stopping migrants entering Europe via Turkey remains the backbone of the transactional relationship between Ankara and Berlin. However, although Turkey continues to be seen as a buffer zone stopping the migration flows, there is also a renewed discovery among European capitals of the country’s value as a strategic asset.