Turkey's politically motivated asset grab?

from The Greek Current · host Hellenic Leaders

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 businessesGreece reaffirms stance on Turkey’s participation in EU SAFE programAthens faces two drone fronts

Episode metadata supplied by the publisher feed · Published Oct 16, 2025

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Wolfango Piccoli, the co-founder of risk analysis company Teneo, joins Thanos Davelis today as we dig into a story that has highlighted how a state fund in Turkey has become one of the country’s largest business holdings, controlling over 1,000 companies. This raises the question: Is this asset grab politically-motivated?