Economy

Turkey, which is almost completely reliant on imports to meet its energy needs, has been exploring for hydrocarbons in the Black Sea and in the Mediterranean, where its survey operations in disputed waters have drawn protests from Greece and Greek-administered Cyprus. Speaking at an opening ceremony in the Black Sea province of Zonguldak on Friday, […]

Amid the coronavirus pandemic, Turkey was one of the rare countries where negative growth did not occur and its economy grew by 1.8% in 2020, said Auguste Tano Kouame, the World Bank country director for Turkey. Sharing the main findings of the report, David Knight, said: “Although Turkey was seriously affected by the pandemic, the

Renewable energy has been one of the primary pillars through which Turkish and German economic ties have developed. Recently, the two countries have demonstrated strong intentions to further their cooperation, particularly in the field of energy. As concrete action in broader cooperation plans, more German companies operating in the renewable energy sector will assume more

After a year of significant reforms, the Government remains committed to an ambitious agenda of economic transformation. With no elections for the next four years, Turkey offers great investment opportunities. It is important to understand what has been implemented since we took office last year, when a currency attack, unprecedented in scale, compounded by a