Tuesday, September 20, 2005

E.U. To Introduce A Monitoring System For Turkey

"E.U. To Introduce A Monitoring System For Turkey

ANKARA - European Union (EU) officials are planning to introduce a ''monitoring system'' by 2007 to closely watch economic developments in and pertaining to Turkey.

High level officials of the EU Commission have indicated that the stand-by program between Turkey and IMF will end in 2007. ''We want to closely monitor economic developments after the IMF stand-by is completed,'' said EU sources."

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