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This article is brought to you in association with EBRD. The European Bank for Reconstruction and Development (EBRD) is providing a €25 million loan for green financing to Türkiye’s Burgan Bank, marking the latter’s first green-linked financing. The loan comes under the second phase of the EBRD’s flagship Green Economy Financing Facility (GEFF), and the proceeds […]
This article is brought to you in association with EBRD. The European Bank for Reconstruction and Development (EBRD) is lending €40 million to Kervan Gıda, a leading producer of soft confectionery in Türkiye, to support the company’s transition to a greener and more inclusive business model. The financing package will include €10 million for new automation, […]
This article is brought to you in association with EBRD. The European Bank for Reconstruction and Development (EBRD) is acquiring a minority stake in Çağatay Evcil Hayvan Mamaları ve Yem Ürünleri San. ve Tic. A.Ş., a pet food producer based in Türkiye. Çağatay manufactures high-quality dry pet food under its own brands and competes with global […]
This article is published in association with European Investment Bank. The European Bank for Reconstruction and Development (EBRD) is providing a €25 million loan to Bartu Turizm Yatirimlari, a hotel joint venture between German travel and tourism company TUI Group and the Akra Hotels group in Türkiye. As a part of the project, the EBRD will […]
This article is brought to you in association with EBRD. The European Bank for Reconstruction and Development (EBRD) is investing US$ 50 million in a Eurobond issued by Çimko Cimento ve Beton Sanayi, a joint stock company incorporated in Türkiye. Çimko will use the proceeds of the US$ 300 million Eurobond issue to finance its decarbonisation […]
This article is brought to you in association with EBRD. The European Bank for Reconstruction and Development (EBRD) is providing a senior A/B loan of €315 million to Fraport TAV Antalya Yatirim Yapim ve Isletme, a joint venture between Fraport AG and TAV Airports that was established in Türkiye for the purpose of operating Antalya Airport […]
This article is published in association with United Nations. The UN human rights office (OHCHR) expressed major concern on Tuesday following the detention of at least 92 people by the Turkish authorities over the past week, including Istanbul’s mayor, Ekrem İmamoğlu, who has been charged with corruption and removed from office. “These detentions triggered country-wide demonstrations […]
This article is brought to you in association with EBRD. The European Bank for Reconstruction and Development (EBRD) expects Türkiye’s economy to grow by 3 per cent in 2025, unchanged from its September 2024 forecast. The Bank expects the Turkish economy to then grow by 3.5 per cent in 2026. These forecasts were published today in […]
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 […]
This article is brought to you in association with EBRD. The European Bank for Reconstruction and Development (EBRD) is providing a USD $65 million loan to Türkiye’s Polat Enerji to finance the development and construction of a 77 megawatt (MW) hybrid solar and wind power facility in Türkiye. Funding for the project also includes a concessional loan of up […]
This article is brought to you in association with EBRD. Türkiye has launched the Türkiye Industrial Decarbonisation Investment Platform (TIDIP) in Ankara today in a significant step towards achieving the country’s net-zero ambitions. The initiative is spearheaded by the European Bank for Reconstruction and Development (EBRD). The TIDIP aims to deploy $5 billion in investments by […]
This article is brought to you in association with EBRD. The European Bank for Reconstruction and Development (EBRD) is providing a loan of US$ 60 million (€55 million) to Türkiye’s Borusan EnBW Enerji to finance the development and construction of 116 MW of onshore wind-energy capacity in Sivas and Tekirdağ. Addressing climate change remains a significant goal […]
This article is brought to you in association with EBRD. The European Bank for Reconstruction and Development (EBRD) is investing up to US$ 90 million (€83 million) in a sustainability-linked Eurobond (SLB) issuance by Türkiye’s Ulker Biskuvi Sanayi, one of the country’s leading snack brands. The SLB is part of a larger issuance totalling up to […]
This article is brought to you in association with EBRD. The European Bank for Reconstruction and Development (EBRD) is providing a €25 million loan to Türkiye’s Cimsa to finance the company’s decarbonisation investment programme. The proceeds of the loan will finance the installation of a solar power plant, a waste heat recovery plant, a new silo […]
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 […]
This article is brought to you in association with the European Commission. Today, the Commission signed an agreement with Türkiye on a €400 million grant from the European Union Solidarity Fund (EUSF) to finance post-disaster recovery operations after the devastating earthquakes that hit the country in early 2023. The signing of the agreement took place in Brussels, between Commissioner for […]
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, […]
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 […]
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 […]
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 […]
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 […]
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Aytug Goksu, Community Lead, Regional Strategies, Europe, World Economic Forum, Busra Kamiloglu, Community Champion in Global Shapers Community for Turkiye, Azerbaijan and Israel, Customer Success Manager at Microsoft The devastating Kahramanmaras double earthquake that struck south-eastern Türkiyeand northern and […]
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 […]
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 […]
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 […]
This article is brought to you in association with the European Commission. The Commission is adopting today the 2022 Annual Action Programme for the Turkish Cypriot community, worth €33.4 million. Commissioner for Cohesion and Reforms, Elisa Ferreira, said: “Our Aid Programme has shown to bring important tangible benefits to the people of Cyprus and remains as […]
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Ali Çağrı Kurucu, IoT & Mobility Platform Lead, C4IR Türkiye, Technology Governance Director at Turkish Employers’ Association of Metal Industries, MESS, Evren Kalfa, Consulting and Projects Manager, Turkish Employers’ Association of Metal Industries, MESS, Sedat Tavukçu, Fellow, C4IR […]
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 […]
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 […]
This article is brought to you in association with the European Parliament. The announcement that ten ambassadors have been expelled from Turkey can only be understood as an attempt to divert attention from the real urgent issues, state MEPs. Parliament Standing Rapporteur for Turkey Nacho Sánchez Amor (S&D, ES) and the Chair of the EU-Turkey Parliamentary […]
This article is brought to you in association with the European Commission. Today, the European Commission adopted its 2021 Enlargement Package, providing a detailed assessment of the state of play and the progress made by the Western Balkans and Turkey on their respective paths towards the European Union, with a particular focus on implementing fundamental reforms, […]
This article is brought to you in association with the European Commission. Within the framework of the March 2016 EU-Turkey Statement, the European Union (EU), through the Facility for Refugees in Turkey, has mobilised €6 billion in assistance to refugees in Turkey. The strategic mid-term evaluation, presented today, concluded that this assistance made a significant contribution […]
This article was exclusively written for The European Sting by Ms. Şule Sök, a 22 years old a 4th year medical student at Gazi University, Turkey. She is affiliated to the International Federation of Medical Students Associations (IFMSA), cordial partner of The Sting. The opinions expressed in this piece belong strictly to the writer and do not […]
