Türkiye

Members of Berlin's large Turkish community have vowed to paint the town red when their team comes to the German capital to play the Netherlands in Euro 2024 on July 6.

"The atmosphere will be like a home game for us," said Muhammet Ali Sevilmiş, 36, who runs a phone repair shop in Berlin's Kreuzberg district.

Despite an annual decline in revenues, the automotive industry once again topped the list of Türkiye's largest exporting sectors with shipments to foreign markets amounting to $2.6 billion in June.

The automotive sector's exports, which plunged 12.4 percent last month from a year ago, accounted for 14.1 percent of the country's export revenues.

Türkiye ranked first in Europe and was among the top 10 countries in the world last year in terms of agricultural income generated, Agriculture and Forestry Minister İbrahim Yumaklı has said.

Türkiye's agricultural income amounted to $68.5 billion in 2025, said Yumaklı, citing data from the UN's Food and Agriculture Organization and the World Bank.

Türkiye's application to register döner kebab as a traditional Turkish product with the European Union has sparked reactions from Germany.

The International Döner Kebab Federation in Istanbul has filed the application, aiming to both recognize döner as a Turkish product and protect its production standards.

The World Bank has said that its board approved $600 million in financing to support Türkiye's efforts to protect people and strengthen resilience against floods and drought, which are increasing in frequency and intensity due to climate change.

Digital advertising in Türkiye surged 118 percent last year from 2022, according to IAB Europe's latest ADEx Benchmark report.

This marked the highest increase among all European countries.

Digital advertising spending in Türkiye amounted to 3.48 billion euros in 2023, according to the report.

More than 96,000 disputes between landlords and tenants were settled through the mandatory mediation scheme, data from the Justice Ministry have shown.

Mandatory mediation for rentals was introduced in September last year. Over the past 9 months, mediators have received a total of 191,276 disputes over rents and managed to resolve 96,461 cases.

Türkiye's natural gas imports declined by 7.64 percent in 2023 from the previous year, data from the Energy Market Regulatory Authority (EPDK) has shown.

Last year Türkiye bought 50.48 billion cubic meters of natural gas with Russia being the largest supplier. Russia's share in the country's natural gas import was 42.27 percent, said EPDK.

President Recep Tayyip Erdoğan and Armenian Prime Minister Nikol Pashinyan have reiterated their commitment to the normalization of bilateral relations during a recent telephone conversation.

Inflation expectations for the end of 2024 declined from 43.64 percent in May to 43.52 percent in June, the Central Bank's Survey of Market Participants has shown.

The 12-month ahead inflation expectations also eased from 33.21 percent to 31.79 percent.