Merkel of Germany: Toughest time for Europe since World War 2
The sovereign debt crisis that has spread to eurozone’s periphery represents Europe’s “toughest hour since World War II,” according to
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Greece
Turkish lira firmer against the dollar ahead of holiday
The Turkish lira was firmer against the dollar on Friday, supported by demand for the currency ahead of a public
Read MoreG-20 Summit: Papandreu withdraws plan for referendum
Greek PM Papandreou withdraws from his plans to hold a referendum about a bailout plan one day after harsh warning
Read MoreTurkey to send another vessel for gas and oil exploration off Cyprus
On Sept. 23, Turkey dispatched its only research vessel, the Piri Reis, to the eastern Mediterranean. Turkey will send another
Read MoreTurkish Banks Risking 79 Million Dollars in Greece
With Greece on the brink of bankruptcy, the total risk faced by international banks’ private and public sector is 183
Read MoreTurkish Businessman: Greece Does not Possess Enough Assets for 50 Billion Euro Privatization Deal
Hüsnü Özyeğin one of Turkey’s richest businessmen who sold his Finansbank to the National Bank of Greece (NBC) in 2005,
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