Turkey's politically motivated asset grab?
A recent report in the Financial Times has outlined how a state fund in Turkey has become one of the country’s largest business holdings, controlling over 1,000 companies. This comes in the wake of an anti-corruption drive that moved hundreds of private companies into government hands, raising the question: Is this asset grab politically-motivated? Wolfango Piccoli, the co-founder of risk analysis company Teneo, joins Thanos Davelis today as we dig into this story.
You can read the articles we discuss on our podcast here:
Crackdown or capital grab? Turkey state fund controls 1,000 businesses
Greece reaffirms stance on Turkey’s participation in EU SAFE program