![Supporters of the ruling AK Party wave Turkish flags during a campaign meeting for the April 16 constitutional referendum, in Ankara, Turkey, February 25, 2017. REUTERS/Umit Bektas - RTS108VN](/sites/default/files/styles/article_header/public/almpics/2017/02/RTS108VN.jpg/RTS108VN.jpg?h=f7822858&itok=sDNxGT7A)
Mustafa Sonmez is a Turkish economist and writer. He has worked as an economic commentator and editor for more than 30 years and authored some 30 books on the Turkish economy, media and the Kurdish question. On Twitter: @mustfsnmz
![Supporters of the ruling AK Party wave Turkish flags during a campaign meeting for the April 16 constitutional referendum, in Ankara, Turkey, February 25, 2017. REUTERS/Umit Bektas - RTS108VN](/sites/default/files/styles/article_header/public/almpics/2017/02/RTS108VN.jpg/RTS108VN.jpg?h=f7822858&itok=sDNxGT7A)
![Russian Navy's reconnaissance ship Liman of the Black Sea fleet sails in the Bosphorus, on its way to the Mediterranean Sea, in Istanbul, Turkey, October 21, 2016. REUTERS/Murad Sezer - RTX2PW0R](/sites/default/files/styles/article_header/public/almpics/2017/02/RTX2PW0R.jpg/RTX2PW0R.jpg?h=f7822858&itok=RJ-j1dHv)
![Turkey's Finance Minister Naci Agbal speaks during an interview with Reuters in Ankara, Turkey, September 27, 2016. Picture taken September 27, 2016. REUTERS/Umit Bektas - RTSPSH5](/sites/default/files/styles/article_header/public/almpics/2017/02/RTSPSH5.jpg/RTSPSH5.jpg?h=f7822858&itok=2YRSSPBB)
![A board showing the currency exchange rates of the U.S. dollar and the Euro against Turkish lira is on display at a currency exchange office in Istanbul, Turkey, January 11, 2017. REUTERS/Murad Sezer - RTX2YFYP](/sites/default/files/styles/article_header/public/almpics/2017/02/RTX2YFYP.jpg/RTX2YFYP.jpg?h=f7822858&itok=Lwabzi4n)
![Saudi King Salman (R) meets Turkish Foreign Minister Mevlut Cavusoglu and Turkish Economy Minister Nihat Zeybekci (L) in Riyadh, Saudi Arabia October 13, 2016. Saudi Press Agency/Handout via REUTERS ATTENTION EDITORS - THIS PICTURE WAS PROVIDED BY A THIRD PARTY. FOR EDITORIAL USE ONLY. NO RESALES. NO ARCHIVE. - RTSS3FP](/sites/default/files/styles/article_header/public/almpics/2017/01/RTSS3FP.jpg/RTSS3FP.jpg?h=f7822858&itok=7RANDLhM)
![Boards showing the currency exchange rates of the U.S. dollar and the Euro against Turkish lira are on display at a currency exchange office in Istanbul, Turkey, January 11, 2017. REUTERS/Murad Sezer - RTX2YFYR](/sites/default/files/styles/article_header/public/almpics/2017/01/RTX2YFYR.jpg/RTX2YFYR.jpg?h=f7822858&itok=gS8GYcn7)
![Raki bottles are displayed at a restaurant in Ankara September 27, 2011. Turkey is providing rich opportunities for merger specialists trawling for the next big deal, as the country's booming economy and improving corporate governance partially insulate it from a slowing global M&A market. The most popular M&A sectors have been energy, power generation and finance. But the biggest splash so far this year was made by the world's biggest spirits company, Diageo, which agreed in February to buy Turkish raki an](/sites/default/files/styles/article_header/public/almpics/2017/01/RTR2RYDS.jpg/RTR2RYDS.jpg?h=f7822858&itok=fa7SWDsG)
![RTX2UNGU.jpg](/sites/default/files/styles/article_header/public/almpics/2016/12/RTX2UNGU.jpg/RTX2UNGU.jpg?h=f7822858&itok=L2zNtViV)
![RTSKTP9.jpg](/sites/default/files/styles/article_header/public/almpics/2016/12/RTSKTP9.jpg/RTSKTP9.jpg?h=f7822858&itok=xZvgB6m2)
![People check currency exchange rates at an currency exchange office in Istanbul, Turkey, November 25, 2016. REUTERS/Murad Sezer - RTST8W8](/sites/default/files/styles/article_header/public/almpics/2016/12/RTST8W8.jpg/RTST8W8.jpg?h=f7822858&itok=eszZQnwO)
![Turkey's central bank governor Murat Cetinkaya speaks during a news conference in Istanbul, Turkey April 26, 2016. REUTERS/Murad Sezer - RTX2C6AI](/sites/default/files/styles/article_header/public/almpics/2016/11/RTX2C6AI.jpg/RTX2C6AI.jpg?h=f7822858&itok=1DJX_L-c)
Mustafa Sonmez is a Turkish economist and writer. He has worked as an economic commentator and editor for more than 30 years and authored some 30 books on the Turkish economy, media and the Kurdish question. On Twitter: @mustfsnmz