Turkey to grow 4-5 times more than Europe in 2010: Finmin

Turkey's finance minister met with a group of Turkish businessmen working in this country and neighboring states.

Turkey to grow 4-5 times more than Europe in 2010: Finmin

Turkey's finance minister, who is currently paying a formal visit to Switzerland, met with a group of Turkish businessmen working in this country and neighboring states on Saturday.

Speaking at a meeting organized by Turkish businessmen, Turkish Finance Minister Mehmet Simsek said Turkey would easily grow 4-5 times more than Europe in 2010, unless it experienced any shocks that would harm the political stability and social peace in the country.

Noting that the worst phase in the global economic economic crisis was overcome, Simsek said the world had recently entered into a stage of recovery.

Commenting on the situation in Turkish economy, Simsek said Turkey had been affected by the global crisis as well.

"Because, Turkey has got a huge share from world economies and international capital in recent years," he said.

Pointing to Turkey's good performance during the crisis, Simsek said the country had faced a crisis that erupted due to external factors for the first time, however, not a single Turkish bank had any problems during such period.

Simsek said the Turkish banking sector would provide a stronger support to real economy in the upcoming term.

"Turkey has been displaying a remarkable improvement and transformation process recently," Simsek said, adding that he believed in his country's potential.

During his speech, Simsek also called on the Turkish businessmen in European countries to integrate with Europe and to deal with politics.
 

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Last Mod: 27 Şubat 2010, 15:25
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