Analysis
Smart, independent reporting on Turkey's politics, economy and foreign affairs.
The Defense Ministry’s budget, 623.9 billion lira in 2025, is set to increase 31.9% to 822.9 billion lira in 2026, according to figures released during parliamentary budget talks Nov. 26. This allocation does not cover Turkey’s latest procurement of Eurofighters.
As the CHP prepares for its 39th Ordinary Congress, the party dissidents escalated their challenge to the leadership of Özgür Özel. Former CHP Chair Kemal Kılıçdaroğlu,76, lit the fire by calling on Özel to take disciplinary action against people named in the corruption indictment involving Istanbul Mayor Ekrem İmamoğlu.
Islamist YRP Chair Fatih Erbakan has promised to repeal Law 6284, the main legal safeguard protecting women from violence and the only remaining protection after Turkey withdrew from the landmark Istanbul Convention in 2021.
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.
As the countdown continues for the NATO Summit to be hosted by Ankara on July 7-8, 2026, preparations are accelerating in the capital. Activity focuses on sites along the approximately 17.5-km route from the Presidential Palace, where the leaders' summit will take place, to the military airfield in Etimesgut.
Despite a Constitutional Court ruling that his right to a fair trial had been violated, the Istanbul 13th High Criminal Court rejected on Nov. 6 a retrial for Tayfun Kahraman, an urban planner imprisoned in the Gezi Park case.
The first Altay tank was delivered to the army on Oct. 28, crowning a three-decade push to develop and produce a domestic main battle tank. The project, launched by a 1996 decision of the Defense Industry Executive Committee, aimed to build an indigenous tank using locally developed technologies. However, the finalized model relies on South Korean-made engines and transmission systems.
Funding for space research was increased from 5 billion lira to 8.7 billion lira, but Turkey's first lunar landing project was postponed for another year, according to the 2026 budget bill submitted to Parliament.
Serdar Öktem, a lawyer and a key defendant in the murder case of former Grey Wolves leader Sinan Ateş, was shot by masked assailants armed with long-barreled weapons in Istanbul traffic. Öktem died in hospital Oct. 6 from his injuries. Initial findings suggest the attack was carried out by the criminal group known as the Daltons.
Serdar Öktem, a lawyer affiliated with the MHP and a defendant in the 2022 assassination case of former Grey Wolves leader Sinan Ateş, died after being shot outside his office by masked assailants on Oct. 6. The attackers opened fire while Öktem was inside his car in front of his office on Büyükdere Avenue in Istanbul’s Zincirlikuyu district. Surveillance video showed six bullet holes in the window of his car. Despite emergency medical intervention, Öktem succumbed to his injuries at the hospital.
When a European expert based in Bulgaria received an invitation to a conference in Tbilisi, he decided to take the maritime route, boarding the ferry from Burgaz to Batumi. At one stage of the 64-hour crossing, while sailing in the open sea, the ferry shut its transponder and turned off its lights. A Russian fuel tanker approached and docked with the ferry to provide fuel to the ship, which is mainly used by trucks. The expert later found out that Russia sold the fuel 30 to 40 percent less than the market price. The captain of the ferry confessed he had all the official documents proving that the fuel was purchased from Romania.
Tax inspections generated an additional 15 billion lira ($360 million) by targeting high earners who had not filed income tax returns.