Prime minister Recep Tayyip Erdogan talks to The Banker about Turkey’s role in Europe and other strategic policies.
Western Europe
Latest articles from Western Europe
Number crunching
May 3, 2004Turkey’s economic recovery and reform continues to impress. Positive progress across the board will help the country to achieve its international ambitions.
Assets expand
May 3, 2004Revaluation, consolidation, privatisation, economic revival and access to foreign markets all affected the banking sector in 2003.
Bank snapshots
May 3, 2004As the Turkish economy expands, the major institutions are raising their game and improving their performance. Below we detail the key financial indicators for Turkey’s banking front runners.
Public financing
May 3, 2004The Banker presents a comprehensive overview of Turkey’s debt position and likely borrowing requirements for the future.
Pan-European M&A unlikely but Germany in need of consolidation
April 5, 2004Despite the kickstart to merger and acquisition (M&A) given by two high-profile US deals, a report from Fitch Ratings last month stated that a growth in cross-border consolidation among financial institutions in Europe is unlikely. The report said that Europe was still fraught with regulatory, fiscal and cultural barriers, “not to mention a lack of any realistically achievable synergies”.
Volkswagen predicts ‘lousy’ first quarter
April 5, 2004In the wake of a tough market and a poor reception for its new-look Golf, German carmaker Volkswagen has revealed a downbeat outlook for 2004 and announced plans to cut expenditure by 10%. Yet, it seems, analysts are still sceptical. Geraldine Lambe reports.
Stuttgart gains ground
April 5, 2004In Germany, the profitable niche of a regional rival is giving Frankfurt’s Deutsche Börse a run for its money. Jan Wagner reports from Stuttgart.
Everything to play for
April 5, 2004Greece’s newly elected conservative government has pledged to boost growth and reduce unemployment. However, Prime Minister Costas Karamanlis has more pressing issues to contend with first – namely, to ensure the success of this year’s Olympic games. Kerin Hope reports from Athens.