Economic Red Alert: 23,000 Businesses Close in Turkey

Turkey is on economic red alert: The latest SGK data reveals a devastating blow to the Turkish economy: 23,000 businesses shuttered their doors in a single month, leaving 324,000 people unemployed between December 2025 and January 2026. While Finance Minister Mehmet Şimşek’s orthodox program had previously shown promise, the combination of high inflation, suppressed exchange … Continue reading Economic Red Alert: 23,000 Businesses Close in Turkey