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Turkey Urges Strong Action to Preserve Euro Zone

Posted: Thu 07 Jun 2012 8:05 am
by Soner
Turkey call on the European Central Bank to do more to help beleaguered Spanish lenders and prevent a Greek exit from the euro area, which could cause a domino effect that would shatter the single currency.
http://online.wsj.com/article/SB1000142 ... whats_news
Also interesting in the article:
Euro-zone crisis should help Turkey achieve its goal to become one of the world's top 10 economies by nominal GDP by 2023, the centenary of the founding of the Turkish Republic.

Re: Turkey Urges Strong Action to Preserve Euro Zone

Posted: Thu 07 Jun 2012 10:33 am
by andrew4232
i think the economy in turkey has a good chance of doing that, they were not hit very badly when it all went tits up to start with, but i believe they should make up there mind if they want European tourism to be a major part of there income, when i lived there we had a chain of 5* hotels which all went dry and removed the bars from them

Re: Turkey Urges Strong Action to Preserve Euro Zone

Posted: Thu 07 Jun 2012 1:01 pm
by rocking
I think that 'rating agencies' have done a great deal of harm.