The Commission hosts EU–Türkiye High-Level Economic Dialogue

This article is brought to you in association with the European Commission. Today, Commissioner for Economy and Productivity, Implementation and Simplification Valdis Dombrovskis and Commissioner for Enlargement Marta Kos met Türkiye’s Minister of Treasury and Finance Mehmet Şimşek in Brussels for a High-Level Economic Dialogue (HLED) between the European Union and Türkiye. The HLED, the first […]

Record year for EBRD in Türkiye with €2.6 billion invested

This article is brought to you in association with EBRD. The European Bank for Reconstruction and Development (EBRD) invested a record €2.6 billion in Türkiye in 2024 – up from €2.5 billion in 2023 and €1.6 billion in 2022 – driven by the private sector’s appetite for the green transition and the Bank’s continuing support for […]

EBRD invests in landmark sustainability bond in Türkiye

This article is brought to you in association with EBRD. The European Bank for Reconstruction and Development (EBRD) has invested US$ 55 million in the Eurobond issuance of Rönesans Holding, one of Türkiye’s largest conglomerates. The Eurobond has been issued as a sustainability bond, aligned with Rönesans’ Sustainable Finance Framework, and is the first sustainability bond […]

Joint Statement by Executive Vice-President Dombrovskis and Minister of Trade Bolat at the EU-Türkiye High-Level Dialogue on Trade

This article is brought to you in association with the European Commission. Executive Vice-President and Commissioner for Trade Valdis Dombrovskis and the Minister of Trade of Türkiye Ömer Bolat met today in Brussels for the first meeting of a High-Level Dialogue on Trade. The EU and Türkiye, a candidate country and major trade partner, have bilateral […]

EU and Türkiye deepen cooperation on green and digital transition

This article is brought to you in association with the European Commission. Today, Iliana Ivanova, Commissioner for Innovation, Research, Culture, Education and Youth, and Mehmet Fatih Kacır, Minister of Industry and Technology of the Republic of Türkiye, held the second EU-Türkiye High-Level Dialogue on science, research, technology and innovation in Istanbul. This marks a significant milestone […]

A multistakeholder earthquake response in Türkiye sets an example for future crises

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Levent Çakıroğlu, CEO, Koç Holding In the early hours of February 6, 2023, a devastating 7.4-magnitude earthquake struck Türkiye, violently shaking the southern part of the country and leaving a trail of destruction in its wake. A total […]

The EU continues to provide much needed assistance to refugees and host communities in Türkiye

This article is brought to you in association with the European Commission. In 2022, the European Union, through the Facility for Refugees in Turkey, continued to support refugees and host communities in Türkiye.  As the Seventh Annual Report of the Facility recently published concludes, important progress has been made in key areas such as basic needs, […]

MEPs call on EU and Türkiye to look for alternative ways to cooperate

This article is brought to you in association with the European Parliament. The Foreign Affairs Committee urge the EU and Türkiye to break the current deadlock and find “a parallel and realistic framework” for EU-Türkiye relations. Unless there is a drastic change of course by the Turkish government, Türkiye’s EU accession process cannot resume under the […]

Ukraine Recovery Conference: President von der Leyen and Executive Vice-President Dombrovskis showcase strong EU support with new €50 billion Ukraine Facility and €800 million in agreements to mobilise investment for Ukraine’s recovery

This article is brought to you in association with the European Commission. At the Ukraine Recovery Conference 2023 in London, President of the European Commission, Ursula von der Leyen, presented the details of the Commission’s proposal for a new Ukraine Facility that, if adopted by the European Parliament and Council of the EU, will mobilise up […]

Türkiye : Joint-Statement by High Representative/Vice-President Josep Borrell and Commissioner for Neighbourhood and Enlargement Olivér Várhelyi on the second round of presidential elections

This article is brought to you in association with the European Commission. The EU welcomes the holding of the second round of presidential elections in Türkiye on Sunday 28 May with a high rate of participation by the Turkish people exercising their democratic rights to vote. We look forward to the final findings and recommendations of […]

EU and international donors’ pledge €7 billion in support of the people in Türkiye and Syria following the recent devastating earthquakes

This article is brought to you in association with the European Commission. Today, a total of €7 billion were pledged by the international community at the ‘Together for the people of Türkiye and Syria’ International Donors’ Conference, co-hosted by the President of the European Commission, Ursula von der Leyen, and by the Prime Minister of Sweden, Ulf […]

EU raises growth forecasts, Turkey faces $85 billion in quake costs and other economy stories you need to read this week

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Ian Shine, Senior Writer, Formative Content 1. EU raises growth forecast, expects to avoid recession The European Union’s economic growth is likely to be stronger than expected this year, the European Commission says. It also believes economic activity will […]

Türkiye and Syria:  Statement on the earthquake by High Representative Borrell and Commissioner for Crisis Management Janez Lenarčič

This article is brought to you in association with the European Commission. A powerful earthquake of magnitude 7.8 on the Richter scale – one of the strongest earthquakes in the region in more than 100 years – struck the region of Gaziantep in Türkiye, which impacted neighbouring Syria as well, overnight. In an immediate response, the […]

EU adopts new programmes in support to refugees and border management in Türkiye worth over €1.2 billion

This article is brought to you in association with the European Commission. The European Commission has adopted today a €220 million package to improve border control at Türkiye’s Eastern border, bringing to €1.235 billion the total EU assistance adopted in 2022 to continue support to refugees in Türkiye -basic needs, assistance for the most vulnerable and […]

4 Turkish unicorns on how to support digital transformation and the start-up ecosystem

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Sertaç Yerlikaya, Advisor to the Deputy Minister, Ministry of Industry and Technology of Turkey, Vandana Menon, Lead, Government Affairs, Centre for Fourth Industrial Revolution, World Economic Forum, Geneva The 2020s mark an important period for Turkey with its […]

Turkey: EU provides additional €50 million humanitarian aid to support vulnerable refugees

This article is brought to you in association with the European Commission. Today, the European Commission announces €50 million to support vulnerable refugees and their host communities in Turkey. This humanitarian aid will go to specialised healthcare services and help address protection issues including legal counselling, psychosocial support, as well as access to civil documentation. This […]

How reskilling can play a key role in Turkey’s recovery

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Mustafa Varank, Minister of Industry and Technology, Ministry of Industry and Technology of Turkey & Saadia Zahidi, Managing Director, World Economic Forum Reskilling initiatives will be critical to Turkey’s COVID-19 recovery. Turkey must reskill more than 21 million […]

EU-Turkey relations: Erdogan plays the refugee card while beefing up gas operations in the Eastern Mediterranean sea

EU accession talks with Turkey have been suspended as Turkey is showing poor results in upholding human rights, the rule of law, media freedom and the fight against corruption. Turkey is attempting though to change this situation and enhance its relations with the EU discussing current matters with the EU officials and especially with Germany […]

Turkey remains numb while its economy is expected to shrink further due to a cocktail of EU and US sanctions

The EU Council decided to impose sanctions on Turkey for continuing its illegal drilling operations in the Cypriot territorial waters violating the EU member’s sovereignty rights. The Turkish side however keeps claiming the natural sources in the area and insists on the myth that they have equal rights with the Republic of Cyprus. The under […]

EU-Turkey relations: EU considers imposing sanctions while Turkey keeps violating Cyprus’ sovereignty

Turkey continues violating the sovereignty rights of Cyprus by conducting a new illegal drilling operation on the northeast of the island. The EU had already urged Turkey last month to stop its gas drilling in waters around Cyprus. Thus the EU bloc will now have to intervene to resolve such disputes. However, Turkey kept on […]

Erdogan vies to become Middle East Sultan over Khashoggi’s killing

It’s plain by now that the Turkish ‘Sultan’, President Tayyip Erdogan vies to directly implicate Saudi Crown Prince, Mohammed bin Salman bin Abdulaziz Al Saud or MbS, the actual ruler of his country in the murder of Jamal Khashoggi. The victim was for decades a very high placed systemic journalist in Riyadh, loyally serving the […]

The Khashoggi affair: A global complot staged behind closed doors

For two weeks now practically all Western governments and media are at rooftops for the barbaric murder of Jamal Khashoggi, who was killed inside the Saudi Arabia’s Consulate in Istanbul. Very few people outside the oil Kingdom and the circles of Middle East ‘experts’ knew about the man, before he was massacred by his compatriots. […]

What do the economic woes of Turkey, Argentina and Indonesia have in common?

This article is brought to you thanks to the strategic cooperation of The European Sting with the World Economic Forum. Author: Michael Hanley, Head of Digital Communications, Member of the Executive Committee, World Economic Forum Since Turkey suffered an economic crisis of confidence in September – with its currency falling by some 40% that month – emerging markets around […]

The missiles fired against Damascus, Syria divided Europe deeply

Last Friday night till the early hours of Saturday morning the US-France-Britain alliance attacked the Assad/Putin regime of Damascus, with a precipitation of missiles. Seemingly though, the hits have had a greater political impact on Europe than in Syria itself. Germany and Italy, the other two major European Union countries with strong interests in the […]

EU to Turkey: No other ties than €3+3bn to upkeep refugees

The EU-Turkey Summit in the Black Sea city of Varna last Monday was a chance for the Brussels dignitaries to throw a long list of severe European grievances in the face of President Recep Tayyip Erdogan. Jean-Claude Juncker, the President of the Commission and Donald Tusk, President of the European Council , went to the […]

Erdogan’s Turkey in dire straits for flip flop policies in the Middle East

Last week a US federal court convicted Mehmet Hakan Atilla, an executive of Turkey’s state-owned Halkbank. This is a major financial institution of this country, controlled directly by the government. Attila found guilty on five accounts, for evading the American sanctions imposed on Iran. Most of those punitive measures were lifted in April 2015, in […]

EU-Turkey relations: Will Turkey manage to revive the EU accession process talks?

The EU leaders meet tomorrow in Brussels in a two-day summit where the relations with Turkey and particularly the accession procedure is going to be one of the main topics. The European Commission has been supporting the freezing of the EU membership talks as Jean Claude Juncker condemned President Recep Tayyip Erdogan’s crackdown on political […]

Will Turkey abandon the refugee deal and risk losing a bonanza of money?

Last week Turkey threatened Europe to reinstate capital punishment and to drop the EU-Turkey pact which was signed one year ago. The desperate need of the Turkish President Recep Tayyip Erdogan to gain more power has forced Turkish officials to release accusations to Europe and especially to the Netherlands, Germany and Brussels in view of the […]

Syria: A bloody tracer of Trump – Putin rapprochement

Despite the dreadful fact that the fighting and the bloodshed continues on many spots on the ground, the Astana agreement for a truce in Syria backed by Russia, Turkey and Iran seems to present a good chance for peace. Last Tuesday, the above three foreign powers and their proxies implicated in the Syrian civil war, […]

Turkey caught in a vicious Syrian circle bringing terror and war at home

The Turkish government, under the iron hand of the country’s President Recep Tayyip Erdogan, felt obliged to further challenge the Americans in the troubled region of the Middle East this past week. Deputy Prime Minister Veysi Kaynak and Erdogan’s spokesman Ibrahim Kalin questioned the presence of the US led coalition forces at the key air […]

Fear casts again a cold, ugly shadow over Europe; Turkey sides with Russia

The deadly attack in a Berlin Christmas market and the assassination of the Russian ambassador in Ankara, may not be closely connected or plotted by related terrorist circles, but they aim at the same target; to terrify entire populations and block what could lead to a solution in the Syrian mess. Add to that the […]

A shortened EU Summit admits failures, makes risky promises

Last Thursday, 15 December, the cut down to one day European Summit, confirmed that Europe continues on the wrong path. The 27 + 1 leaders acknowledged the complete failure of key policies regarding Syria and Turkey and kept making promises to Ukraine and Georgia they cannot honor. Unfortunately, Brussels refuses to learn the lessons still […]

Turkey’s Erdogan provokes the US and the EU by serving jihadists and trading on refugees

President Recep Tayyip Erdogan of Turkey, after having declared war against the political, judiciary and civic structures of his own country, employs the same belligerent tactics in the domain of foreign policy. He now threatens to send to Europe 3 million refugees and immigrants who are stationed in Turkey. True, more than three million people, […]

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