Turkey's deputy prime minister said on Friday that Turkey would not join political meetings to be hosted by the Greek Cypriots when the Greek Cypriot administration took over the rotating presidency of the European Union (EU).
Ali Babacan said Turkey would maintain its relations with the EU in technical level during the Greek Cypriot presidency of the EU.
"However, we will not join political meetings to be hosted by the Greek Cypriots," Babacan said during a meeting at the U.S. think-tank Atlantic Council in Washington.
On Euro zone financial crisis, Babacan said European countries should keep their commitments to overcome the financial crisis.
"2012 will be a test year for the Euro zone," he said.
Babacan said the inflation in Turkey was slightly over country's expectations, and the current accounts deficit was also high. "We decided to maintain firm financial policies in order to have a sustainable economic growth," Babacan also said.
Turkish defense industry head Ismail Demir says Ankara will continue its projects despite current dispute with Germany
Body of Turkish national to be returned following autopsy
Ankara wants to develop long-term, win-win business alliances based on mutual respect and equality, says Turkey's president
Cavusoglu speaks with Palestinian counterpart on the phone over developments in Jerusalem
Turkish president blasts German economy minister’s remarks 'aimed at frightening companies investing' in Turkey
Countries sign deals on energy, industry and trade
Turkish citizens arrived in Aegean resort of Bodrum after being stranded on Kos
Muslim Turks in Greece's Western Thrace region welcome promotion of new Deputy Prime Minister Hakan Cavusoglu
Premier Yildirim warns against making 'worrying statements' targeting businessmen keen on investing in Turkey
President will seek to resolve crisis among Gulf countries during visit to Saudi Arabia, Kuwait and Qatar
Warrants also issued in capital Ankara for over 150 suspects, including 20 Forestry and Water Affairs Ministry staff
BIST 100 index drops 0.25 percent while US dollar/Turkish lira rate stands at around 3.52
Nationwide demonstrations in Turkey planned for after Friday prayers
Turkish General Staff shared details of counter-terrorism operations from July 13 to 20
Handover ceremony held at many ministries following Cabinet reshuffle on Wednesday
More than 194 million vehicles used Turkey's bridges, highways in first half of 2017