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Country Profile - Turkey

COUNTRY OVERVIEW

Turkey, officially the Republic of Turkey, is a transcontinental country located mainly on the Anatolian peninsula in Western Asia, with a smaller portion on the Balkan peninsula in Southeastern Europe. Turkey borders Georgia, Armenia, Azerbaijan, Iran, Iraq, Syria, Greece and Bulgaria. 

Turkey

General Information:

Capital: Ankara

Language: Turkish (official), Kurdish, other minority languages

Religion: Muslim 99.8% (mostly Sunni), other 0.2% (mostly Christians and Jews)

Currency: Lira

Cryptocurrency: The Anatolian city of Konya is developing its own cryptocurrency for its 2.4 million inhabitants, dubbed “City Coin.” At the end of 2019, Turkey’s President Recep Erdogan said the government would finish testing a national digital currency in 2020

GMT: (+) 3

Turkey’s strategic location has given it major influence in the region, including control over the entrance to the Black Sea. Membership talks were launched in 2005 for Turkey to join the EU, but have stalled over serious misgivings about Turkey’s human rights record.

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