Prime Minister Addresses Business Round Table

  • Wed Jun 25th 2008

Turkish Prime Minister Recep Tayyip Erdogan addressed a business round table in Istanbul. Erdogan said the closure case affected Turkish economy negatively and referred to the interest rates reaching 22 percent, up from 15 percent since the indictment against the ruling party was issued.

The Prime Minister met the representative of the business world at the 16th Business Roundtable with the Turkish government by the Economist.

The Turkish business world reiterated the uncertainty in the economy due to the closure case. Business leaders emphasized Turkiye needed a quick decision in the closure case to avert the negative picture of Turkish economy from the markets.

Erdogan highlighted the effects of the high interest rates especially due to the closure case for three months.

Recep Tayyip Erdogan says:"The business world reiterated that uncertainty due to the closure case should be ended at once. Meanwhile, Guler Sabanci, who is the CEO of one of the leading groups in Turkiye, noted the trust toward the Turkish economy despite the recent negative developments.

Guler Sabanci / CEO of SABANCI HOLDING

"As Sabanci group, we count on the promising future of Turkiye. Looking to the past successes, we believe Turkiye will overcome all these problems and archive the goals again in the future."

Related Articles


More News

The Most Popular Videos

  • Officials compile damage from Oklahoma tornado

    Officials compile damage from Oklahoma t...

  • NJ Prepares for an Influx of Visitors

    NJ Prepares for an Influx of Visitors

  • Weekly Report, May 17, 2013

    Weekly Report, May 17, 2013

  • Africa News -May 17

    Africa News -May 17

  • Obama Says "No Apologies" Over U.S. Security Leak Probe

    Obama Says "No Apologies" Over U.S. Secu...

  • National Peace Officer's Memorial Service

    National Peace Officer's Memorial Servic...

Trending