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Turkey

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  • Saturday, 10 June, 2023
    Person in the News
    Hafize Gaye Erkan, a new central bank governor takes on troubled Turkey

    The risk manager will have little room for manoeuvre as she tries to turn things around

  • Friday, 9 June, 2023
    Turkish politics
    Erdoğan taps former Goldman banker to head Turkey’s central bank

    Hafize Gaye Erkan, the first woman to lead the institution, could raise interest rates to combat inflation

  • Thursday, 8 June, 2023
    War in Ukraine
    ‘I compare it with Chernobyl’: Ukrainians confront consequences of dam disaster

    Humanitarian disaster compounded by damage to crucial farming industry and transport routes

  • Wednesday, 7 June, 2023
    War in Ukraine
    Thousands race to flee Ukraine towns as flooding spreads

    Large areas left without clean drinking water as civilians warned to be wary of landmines caught up in torrents

  • Wednesday, 7 June, 2023
    Turkish lira
    Turkish lira slumps as new economic team starts ‘intentional devaluation’

    Currency undergoes biggest fall since late 2021 after finance minister’s pledge to restore ‘rational’ policies

  • Wednesday, 7 June, 2023
    Markets InsightLiam Peach
    Turkey needs a significant adjustment in the lira

    If the country’s shift towards economic orthodoxy is real, credible steps need to be taken quickly

  • Tuesday, 6 June, 2023
    The FT ViewThe editorial board
    Turkey’s economic fate is still in the president’s hands

    After a promising rejig, Recep Tayyip Erdoğan must loosen his grip on economic policy

  • Monday, 5 June, 2023
    FT News Briefing podcast11 min listen
    A daring high-wire act: Inside the Asda buyout

    Saudi Arabia seeks to boost oil price with output cut of 1mn barrels a day

  • Sunday, 4 June, 2023
    Turkish economy
    Turkey’s new finance minister pledges return to ‘rational’ economic policy

    Mehmet Şimşek signals intention to move away from unorthodox strategy that has fuelled crisis

  • Saturday, 3 June, 2023
    Erdoğan signals economic shift for Turkey as he revamps cabinet

    President brings back well-regarded finance minister a week after winning second-round of presidential poll

  • Friday, 2 June, 2023
    Turkish politics
    Investor favourite Mehmet Şimşek set to return as Turkish finance minister

    Move signals that President Recep Tayyip Erdoğan may be open to a more orthodox economic approach

  • Thursday, 1 June, 2023
    Turkish elections
    Turkish general election 2023

    This collection features key stories on Turkey’s elections in May 2023

  • Wednesday, 31 May, 2023
    Turkish economy
    Erdoğan’s pre-election spending spree boosts Turkey’s economy

    Economists warn economic stimulus and ultra-loose monetary policies will fuel inflation crisis

  • Tuesday, 30 May, 2023
    Nato
    West steps up pressure on Turkey to admit Sweden into Nato

    Prime Minister Ulf Kristersson writes in FT that anti-terror law delivers on last part of deal for Ankara’s support

  • Tuesday, 30 May, 2023
    Turkish economy
    Turkey’s lira weakens as economists warn of Erdoğan’s ‘unsustainable’ policies

    Re-elected president insists interest rates should stay low despite inflation running at over 40%

  • Monday, 29 May, 2023
    FT CollectionsTurkish general election 2023
    ‘I can do it’: Erdoğan promises Turkey more strongman medicine

    Veteran leader faces economic reckoning after defeating rivals in Sunday’s presidential election

  • Monday, 29 May, 2023
    The FT ViewThe editorial board
    An anxious future for Turkey’s economy and democracy

    Recep Tayyip Erdoğan has little time to bask in his electoral triumph

  • Sunday, 28 May, 2023
    FT CollectionsTurkish general election 2023
    Erdoğan extends rule into third decade with Turkish election victory

    Official results show veteran leader beat rival Kemal Kılıçdaroğlu in bitter presidential run-off

  • Saturday, 27 May, 2023
    FT CollectionsTurkish general election 2023
    The patronage network behind Erdoğan’s bid for third decade in power

    A sprawling system of influence and state largesse helps to explain the Turkish president’s popularity with voters

  • Friday, 26 May, 2023
    Turkish lira
    Market jitters push Turkish lira to fresh low ahead of presidential vote

    Currency falls to 20 to the dollar for the first time as polls predict Erdoğan victory at runoff election

  • Thursday, 25 May, 2023
    Trade SecretsAlan Beattie
    Erdoğan’s monetary misadventures are pushing Turkey off course

    The country’s vigorous export-oriented private sector is being threatened by the president’s economic chicanery

  • Monday, 22 May, 2023
    Turkish elections
    Turkish nationalist leader backs Erdoğan in run-off vote

    Sinan Oğan’s endorsement a blow to opposition’s chance of ending president’s 20-year rule

  • Monday, 22 May, 2023
    German prosecutors file charges over illegal spyware sale to Turkey

    Case alleges FinSpy software was used in an attempt to spy on Turkey’s opposition

  • Saturday, 20 May, 2023
    Turkish politics
    Turkey’s ‘desperate’ opposition plays nationalist card

    Kemal Kılıçdaroğlu tries to revive presidential campaign with promise to ‘send all refugees home’

  • Thursday, 18 May, 2023
    Turkish economy
    Turkey’s foreign currency and gold reserves fell $17bn before election

    Pre-poll worries over economy exacerbated since Erdoğan’s strong first-round showing

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