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.
Crude prices stabilised after diving more than two percent on Tuesday on increasing fears of a global supply glut, as continued production in the US and elsewhere offsets an OPEC output cut deal.
Move estimated to save company $1B in investment costs
However, most other regional markets struggled after Monday's healthy gains, despite being given a positive lead from Wall Street where the Dow and S&P 500 closed at fresh record highs.
The purchase in one fell swoop gives Amazon, which until now has operated almost entirely on the internet, a big presence in the brick-and-mortar world on Main Street, with more than 450 stores in the US, Canada and Britain.
"The Bank of Russia Board of Directors decided to cut the key rate to 9.00 percent per annum," the bank said in a statement. The cut follows a half-point decrease in late April.
Equity traders have suffered a fraught week as the crisis engulfing Donald Trump picks up pace, technology firms tumbled from recent highs and energy plays were hammered by plunging oil prices.
"In May 2017, passenger car registrations across the EU increased by 7.6 percent to 1.387 million units," ACEA said in a statement.
In the eurozone, Frankfurt's DAX 30 index climbed 0.4 percent to 12,746.05 points, and the Paris CAC 40 gained 0.5 percent to 5,243.53 compared with the close on Thursday.
Eastern Mediterranean gas deposits discussed at high-level meeting in Thessaloniki
While a "rebalancing of the market" was "underway," it was "at a slower pace than originally anticipated," the Organization of Petroleum Exporting Countries wrote in its latest monthly oil market report.
US, with 30 planned LNG terminals and six under-construction, is forecast to be next leader in LNG markets