TURKEY

Briefs

  • EPC | 17 May 2021

    US-Turkey Relations under Biden: A Paradigm Shift?

    As widely expected, the arrival of Joe Biden to power changed already strained Turkish-American relations for the worse. Last month Biden recognized the Armenian genocide and that are clear indications Turkey will not be invited to a summit of Democracies the Biden administration is planning this summer in Washington.

  • EPC | 10 Dec 2020

    Turkey between Two Crises: Albayrak’s Resignation and Dispute between Erdogan and Bahçeli

    ​In November 2020, Turkish President Recep Tayyip Erdogan sacked his son-in-law, Finance Minister Berat Albayrak, in a humiliating manner that led to a political crisis within the ruling party and Erdogan's loss of his right arm therein. Erdogan offered his son-in-law as a scapegoat, declaring the failure of his economic policies. This matter will have negative repercussions for the cohesion of the ruling party after the process of liquidating the figures affiliated with Erdogan's son-in-law, and will lead to an increase in the influence of the nationalists within the party and in the government institutions.

  • EPC | 09 Dec 2020

    Crisis of the Turkish Economy: Persistent Pessimism

    The Turkish economy continues to suffer from its crisis which has deepened in 2020. November 2020 began with a rapid deterioration in the price of the Turkish lira due to the decision by the Central Bank (TCMB) to keep the interest rate unchanged during October 2020, until the price of the lira reached 8.58 liras to the dollar. Despite the slight improvement in Turkey's economy at this stage, the return of the lockdown measures due to the coronavirus pandemic that prevent discipline in financial spending threatens the return of the climate of acute crisis in the country.

  • Ahmed Diab | 11 Oct 2020

    The Russian-Turkish Disagreements: Issues and Consequences

    Despite the apparent rapprochement in Russia–Turkey relations, a number of contentious issues between the two States have recently come to the surface. Moscow’s relations with Ankara seem to have lost the relative warmth of the last few years, becoming dominated instead by coldness and mutual suspicion, if not even polarization and confrontation.

  • EPC | 07 Oct 2020

    Turkish Economic Crisis: The Plunge of Lira and Exacerbation of Debt

    The Turkish economy continues to suffer from the effects of the financial crisis that began in 2018 and worsened with the coronavirus pandemic. Among the most prominent manifestations of the crisis are the collapse of the value of the Turkish lira (TL) despite all the measures taken by the Central Bank (TCMB), the decline in foreign investment and foreign financing, and the inability to pay the debts owed by the Turkish government and companies. This paper reviews the reality and indicators of the Turkish economy until the end of September 2020.

  • Yaşar Yakış | 04 Oct 2020

    Incoherence in Turkey's Attitude on Israel-UAE Relations

    ​In the wake of the declaration of the agreement that establishes diplomatic relations between Israel and the United Arab Emirates (UAE) on Aug. 13, 2020, Turkish Foreign Ministry expressed its negative attitude to it and issued a statement saying: “The conscience of the regional countries will never forgive this hypocritical behaviour of the UAE.” Turkish president Recep Tayyip Erdogan went one step further and said that Turkey might suspend its relations with the UAE, which Ankara has not done so far.

  • Hamdi Bashir | 24 Aug 2020

    The Role of Turkish Security Companies in Africa: Incentives and Risks of Expansion

    The African continent is witnessing a noticeable growth in the activity of international security companies. The Libyan crisis has revealed the growing role of the Turkish company SADAT International Defense Consultancy in Libya, especially after its involvement in the training of militias associated with the Government of National Accord (GNA) since November 2019, and the letter of the United Nations (UN) to the Turkish government in June 2020 to inquire about the role of SADAT in recruiting and transferring Syrian mercenaries and children to Libya. This raises many questions about the nature of the company's security role, the motives and limits of that role, and the risks of its expansion on the African continent.

  • EPC | 19 Aug 2020

    Why Does Turkey Fear the Emirati-Israeli Rapprochement?

    ​The Turkish positions condemning the recent rapprochement between the UAE and Israel and the conclusion of a peace treaty between the two countries came to reflect the reality of the Turkish positions on regional developments that began to surround Turkey from several aspects. Today, Turkey lives in a state of political alienation on more than one front. It has started to forge close ties with the forces of chaos and anarchy in the Middle East, its role in Iraq and Libya being a clear example of this.