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.
Italian company Enel will invest 18 billion euro for renewable energy sources in Africa.
Azerbaijani president said in a statement that Southern Gas Corridor project will supply neighboring and European countries for a 100 years
Oil prices rose above $60 due to Iran's call for oil production cut
Economic growth in the Euro-Zone is not at desired levels.
Director and Global Head of Islamic Finance at Standard & Poor's says that growing market for sukuk and new players mark 'significant interest' in Islamic finance.
The Ministry of Finance said that Denmark has written to China to "announce its intention to apply to be a founding member" of the AIIB.
Experts state that the crisis poses risks to the region, which is significant for oil production and exports in the world.
Federal Reserve removes word 'patient;' interest rate increase expected within months. Yellen says timing of rate rise 'not decided,' but will come anytime after April; holds current rates at 0 to 0.25 pct.
Many emerging-market currencies have fallen against the dollar in recent weeks
Anticipated Federal Reserve interest rate hikes making dollar strong against most emerging market currencies, Deputy Prime Minister Ali Babacan says.
European Statistical Agency says slight decline fuelled by drop in production of durable consumer goods.
EU will use all its foreign policy instruments to establish strategic energy partnerships with producing and transit countries.
Dollar strength and waning investor confidence are driving the lira lower
Greece has already received two bailouts totalling 240 billion euros but fellow euro zone member Ireland said last week that it would have to negotiate a third programme.
The Ukraine crisis has tested the loyalties of Bulgaria, a Balkan country with historical ties to Moscow and heavily dependent on Russian energy supplies.
Syria expels three United Nations aid workers hindering aid development in the country