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 […]Burgan Bank Türkiye goes green with EBRD backing
November 10, 2025 by Leave a Comment
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 […]EBRD supports producer of soft confectionery in Türkiye
September 25, 2025 by Leave a Comment
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, […]EBRD supports local pet food producer in Türkiye
September 22, 2025 by Leave a Comment
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 […]EBRD loan to support sustainable and inclusive tourism sector in Türkiye
June 2, 2025 by Leave a Comment
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 […]EBRD invests in cement company Eurobond in Türkiye
May 20, 2025 by Leave a Comment
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 […]EBRD supports refinancing for key Turkish airport
May 2, 2025 by Leave a Comment
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 […]World News in Brief: Alarm over Türkiye detentions, Ukraine update, Sudan-Chad border emergency
March 26, 2025 by Leave a Comment
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 […]EBRD’s 2025 growth forecast for Türkiye unchanged
February 27, 2025 by Leave a Comment
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 […]Record year for EBRD in Türkiye with €2.6 billion invested
January 20, 2025 by Leave a Comment
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 backs renewables push by Türkiye’s Polat Enerji
January 3, 2025 by Leave a Comment
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 […]Türkiye launches industrial decarbonisation investment platform
November 26, 2024 by Leave a Comment
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 $5 billion in investments by […]EBRD financing to expand renewables capacity in Türkiye
September 10, 2024 by Leave a Comment
This article is brought to you in association with EBRD. The European Bank for Reconstruction and Development (EBRD) is providing a loan of US$ 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 […]EBRD invests in sustainability-linked Eurobond for Türkiye’s Ulker
August 5, 2024 by Leave a Comment
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 […]First EBRD loan to Türkiye’s cement sector to boost low-carbon investments
June 27, 2024 by Leave a Comment
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 […]EU and Türkiye deepen cooperation on green and digital transition
April 29, 2024 by Leave a Comment
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 […]Commission signs €400 million agreement with Türkiye to support its recovery after the 2023 earthquakes
February 8, 2024 by Leave a Comment
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 […]The EU continues to provide much needed assistance to refugees and host communities in Türkiye
September 28, 2023 by Leave a Comment
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
July 20, 2023 by Leave a Comment
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 […]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
May 29, 2023 by Leave a Comment
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
March 21, 2023 by Leave a Comment
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
February 21, 2023 by Leave a Comment
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-Syria earthquake: How AI and emerging tech are helping relief efforts
February 20, 2023 by Leave a Comment
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 […]Türkiye and Syria: Statement on the earthquake by High Representative Borrell and Commissioner for Crisis Management Janez Lenarčič
February 6, 2023 by Leave a Comment
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
December 13, 2022 by Leave a Comment
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
September 13, 2022 by Leave a Comment
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 […]Aid Programme for the Turkish Cypriot community: €33.4 million for the Action Programme 2022
July 26, 2022 by Leave a Comment
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 […]Why public-private collaboration is key to developing autonomous vehicle technology in Türkiye
June 28, 2022 by Leave a Comment
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 […]Turkey: EU provides additional €50 million humanitarian aid to support vulnerable refugees
June 15, 2022 by Leave a Comment
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
November 17, 2021 by Leave a Comment
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 workers […]Turkey: a serious diplomatic crisis that can still be avoided
October 25, 2021 by 1 Comment
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 […]2021 Enlargement package: European Commission assesses and sets out reform priorities for the Western Balkans and Turkey
October 20, 2021 by Leave a Comment
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, […]Mid-Term Evaluation of the Facility for Refugees in Turkey: EU support made a significant contribution to the welfare of Syrians and others fleeing conflict in the region
July 8, 2021 by Leave a Comment
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 […]The real challenges of COVID-19 vaccinations
March 14, 2021 by Leave a Comment
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 […]
