The unemployment rate among Turks who are living in Germany is 11 percent, while it is 22 percent among Germans.
Berlin-based Turkish-German Businessmen's Union Chairman Huseyin Ozkanli told A.A during a meeting in Turkish southern province of Adana on Wednesday that there were nearly 90,000 Turkish "bosses" in Germany where nearly 3,000,000 Turks were living.
Ozkanli said that while German population was getting older, fourth generation Turks in Germany had a young, dynamic and entrepreneur structure, and they were very well-educated.
He noted that educated Turks made great contribution to development of commercial relations between Turkey and Germany.
Noting that Turks could benefit from experiences of Germans in vocational education, Ozkanli said that attendance to general high schools was 70 percent and to vocational high schools was 30 percent in Turkey, while they were the opposite in Germany.
Ozkanli said that they had 300 members in their Union and 15 percent were Germans. He added that the Union had been operating for 15 years.
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"It appears that a programme of public spending in Germany would not be the most appropriate tool to help give a strong stimulus to the international economy," the central bank said following a study into the issue.
The 0.3 percent quarterly gain was in line with average forecasts compiled by data company Factset.
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Banca Monte dei Paschi di Siena, or BMPS, is among the banks at the forefront of those concerns with gross bad loans amounting to 46.9 billion euros ($52 billion).
Fund to be used in support of education, health, municipal, socio-economic support for refugees in Turkey