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WOUNDS BANDAGED, SCARS REMAIN: WHERE IS THE PEOPLE’S ALLIANCE HEADED?
Capital Currents Nov 7, 2025

WOUNDS BANDAGED, SCARS REMAIN: WHERE IS THE PEOPLE’S ALLIANCE HEADED?

Excluding their early courtship phase, the AKP and MHP have now completed seven years of formal partnership. In their partnership, branded the “People’s Alliance,” the two parties have gone through five electoral contests — one referendum, two general elections, and two local elections. Like any relationship, this one has had its ups and downs. Many of the rifts that the public interpreted as “cracks” or “crises” within the alliance were quickly smoothed over through mutual statements. But, the crisis of the past two weeks has been among the deepest since the alliance was formed.

Nergis Demirkaya
ANKARA LEADS IN CREDIT DEBT, KARAMAN TOPS IN UNPAID LOANS
Economy and Finance Nov 7, 2025

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.

Editorial Team
NUMBER OF COMPANIES FILING FOR CONCORDAT RISES BY 72%
Economy and Finance Nov 7, 2025

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.

Editorial Team
ONCE A TOP TAXPAYER, ARREST WARRANT ISSUED FOR CINER
Media, Internet and Culture Oct 3, 2025

ONCE A TOP TAXPAYER, ARREST WARRANT ISSUED FOR CINER

The money laundering investigation into Can Holding has now expanded to the Ciner Group. The probe, which includes charges of fraud, money laundering, smuggling, and forming a criminal organization, now focuses on the $350 million sale of media outlets — including Habertürk, Show TV, and Bloomberg HT — from the Ciner Group to Can Holding. According to Sabah daily, the funds were allegedly transported in suitcases and deposited in banks as cash. Turgay Ciner, once among Turkey’s top taxpayers and currently residing abroad, is now the subject of an arrest warrant.

Editorial Team
COMMISSION DISCUSSES PUBLIC SUPPORT, PREPARES TO DRAFT PROPOSALS
Inside Turkey Sep 26, 2025

COMMISSION DISCUSSES PUBLIC SUPPORT, PREPARES TO DRAFT PROPOSALS

The Parliament’s National Solidarity, Brotherhood and Democracy Commission listened to think-tankers and pollsters to test the ground for public support for the peace process. The 12th meeting of the commission established in the wake of PKK’s decision to disband and lay down arms took it to 50 days of work completed to date. The commission is now preparing to shift to drafting proposals in October.

Editorial Team
MARKETS RECOVER AFTER CHP DECISION
Economy and Finance Sep 19, 2025

MARKETS RECOVER AFTER CHP DECISION

The postponement of the decision in the lawsuit to cancel the CHP's 38th regular congress brought short-term relief to the markets. The BIST 100 index gained 5% following the decision. The banking index also gained over 6%. The risk premium reached 261 basis points, the lowest in about six months.

Editorial Team