Friday, October 14, 2005

EU to recognise Turkey as 'market economy'

"EU to recognise Turkey as 'market economy'

In Short:

While the Commission is set to grant 'functioning market economy' status to Turkey, Commissioner Verheugen challenges the 'privileged partnership' scenario.
Brief News:

The Commission is prepared to declare Turkey a 'functioning market economy', which is one of the conditions for joining the EU. According to press reports, the largely symbolic declaration will come in the scheduled 9 November annual progress report on Turkey."

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