This Today's Zaman article summarizes the current status of Turkey's application for membership in the European Union. It also looks at the general relations in the region.
There is considerable talk about the situation on Cyprus, with it's Greek and Turkish zones. Greek Cyprus has been admitted to the EU, nobody but Turkey recognizes the government of Turkish Cyprus. And there is a natural gas discovery in the seas nearby.
The EU doesn't much want Turkey as a member; Turkey doesn't much want to be an EU member. Turkey wants to be a leader in the Middle East. It is feeling more Asian and less European than it did formerly.
The bottom line: EU membership for Turkey is unlikely anytime soon. Hat tip to RealClearWorld for the link.