Now playing Next Turkey 'Everything is overheating': Why is Turkey's economy in such a mess? Runaway inflation and the collapse of the lira has pushed millions of Turks to the brink of financial ruin. But what went wrong with Turkey's economy? 09/11/2022
Now playing Next Turkey Annual inflation in Turkey reaches record 25-year high of 85.5% Turkish President Recep Tayyip Erdogan believes that high-interest rates encourage inflation and lead to higher prices. 03/11/2022
Now playing Next Money Inflation in Turkey tops 83% as Erdogan vows more rate cuts While most Western countries are in the process of raising interest rates to keep inflation in check, Turkey is doing the exact opposite. 03/10/2022
Now playing Next Turkey Turkey's tourism industry struggles as Russian visitors face sanctions The Mediterranean country's economy relies heavily on foreign visitors, with 2.2 million Russian tourists entering the country in the first seven months of 2022. 16/09/2022
Now playing Next Turkey Turkey lowers interest rates as inflation hits 80 percent In a statement following a monetary policy committee meeting, the country's national bank said it decided to reduce the policy rate from 14% to 13%. 18/08/2022
Now playing Next Turkey Turkey cuts power to opposition leader’s home after protest Kemal Kilicdaroglu vowed not to pay his electricity bills until the Turkish government withdrew the price increases. 21/04/2022
Now playing Next Turkey Thousands in poverty protest in Turkey as lira hits record lows Turkey's net monthly minimum wage of 2,825 lira amounted to €337 in January 2021. Last Wednesday it was the equivalent of €197. 13/12/2021
Now playing Next View Berat Albayrak: Turkey is back in business ǀ View It is important to understand what has been implemented since we took office last year, when a currency attack, unprecedented in scale, compounded by a host of other financial fragilities was underfoot. 13/09/2019
Now playing Next Turkey Watch: Tension in Istanbul as Erdogan's AKP contest election result A fight broke out between supporters of the ruling party and the main opposition party in the middle of a Euronews interview. 03/04/2019
Now playing Next Turkey Turkey vote: Erdogan disputes results as loses grip on major cities Turkey's local elections: Erdogan's AK Party challenges major setbacks in Istanbul and Ankara. 01/04/2019
Now playing Next Turkey What does the Turkish election mean for Turks and the world? Turkey's freshly elected President Erdogan has just fufiled his dream with executive prsidency. But what does it mean for Turkey's war in Syria, its slumping economy, and the Kurds? 25/06/2018
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