Turkey

On the third anniversary of the devastating earthquakes on February 6, 2023, Turkish President Recep Tayyip Erdogan said the country has since invested 3.6 trillion Turkish liras, or about $91.5 billion, in rebuilding the affected regions, Logos Press reported.

The real estate market of Turkey in 2026 has changed the leader in the costliness of housing. It was Ankara, which overtook all major cities of Turkey in terms of growth in housing prices.

Periods of uninterrupted heat waves in the Mediterranean region have become significantly longer – the number of heat stress days has increased by more than two weeks compared to the 1950s – which could significantly affect familiar summer vacations, especially in Turkey and southern European countries, Logos Press reported.

According to the International Association of Investors (YASED), Turkey recorded solid investment growth in 2025. Net inflows of foreign direct investment reached $12.4 billion – plus 28% compared to 2024.

The Turkish Football Federation (TFF) has released a list of 212 representatives of club coaching staffs who committed illegal betting on match outcomes over a five-year period, with 24 people previously detained, Logos Press reported.

As part of Moldova’s commitment to the European Union, Chisinau has joined EU sanctions imposed against Turkey for “unauthorized exploration activities and drilling” in the Eastern Mediterranean, Logos Press reported.

In late December 2025, Turkey announced the completion of a feasibility study and design for its own spaceport and launched the first phase of an ambitious project to build its own space infrastructure, Logos Press reported.

The tourist capital of the Mediterranean, as Antalya is called in Turkey, welcomed 17,122,548 vacationers in 2025, another record high, Logos Press reported.

Natural gas supply contracts between Turkey’s state-owned BOTAS and Russia are set to expire at the end of this year, but negotiations for a new contract have yet to be heard of, creating worrying uncertainty in the country’s market,” Logos Press reported.

A grandiose scandal broke out in Turkey – about 65% of 570 professional referees working in competitions under the auspices of the Turkish Football Federation (TFF) and more than 4 thousand players turned out to be clients of bookmakers. As part of the “betting case” 17 referees and two club presidents were detained, and more than 1 thousand players were temporarily suspended from soccer activities.

One of the most destructive earthquakes in the history of Turkey on February 6, 2023 was called “the disaster of the century” by American publications. This earthquake is second only to a similar disaster in Cilicia in 1268 in terms of the number of deaths and the scale of destruction on the modern territory of the country. The direct financial losses of the Turkish economy alone are estimated at $104 billion.

In early October, Turkish authorities tightened phytosanitary legislation in terms of traceability of goods, which partially blocked trade flows of Moldovan grain and oilseeds to the Turkish market through the port of Constanta, – reports Logos Press.