Öz Although most frequent mention must be made of the political relations, the special emphasis in the article lays on the economic cooperation between Turkey and Germany. For commercial and financial factors played a key role in shaping the Turkish-German relations in the second half of the 1930s. Turkey came to view the dominant German grip over its economy with much anxiety and looked to other powers to assist it in breaking the Reichsmark shackle. In the political field, the dynamics of Turkish-German relations often led Germany to seek a formal relationship which Turkey, for reasons of its own, did not grant. Throughout the study Ankara's attitude vis-a-vis Berlin evaluated in terms of its position within wider Turkish diplomatic strategy.