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Monday, March 07, 2005

Turkish Daily News - ADB president says Turkish economy close to EU standards

"ADB president says Turkish economy close to EU standards
Monday, March 7, 2005
Kuroda says Turkey pulled itself together in a short period of time after the 2001 crisis and reached an economic development close to European Union standards, notes he expects IMF stand-by negotiations to be finalized shortly

ANKARA � Turkish Daily News

Asian Development Bank (ADB) President Haruhiko Kuroda, in Turkey for preparations for ADB's 38th year board of governors' meeting to be held in Istanbul during May 4-6, said that the Turkish economy had observed amazing changes in the last three years and that Turkey has pulled itself together in a short period of time to reach an economic development close to European Union standards."

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