Sunday, March 26, 2006

Aljazeera.Net - Turkey tries to calm market fears

"Turkey tries to calm market fears

Sunday 26 March 2006, 18:46 Makka Time, 15:46 GMT

Prime Minister Erdogan has drawn flak over appointments

The Turkish government has sought to ease concerns over the central bank and monetary policy after the president vetoed the cabinet's choice to lead the bank for the next five years.

Ahmet Necdet Sezer, the president, rejected the ruling Justice and Development Party's (AKP) choices for governor and two more deputies on 23 March.

The prime minister's office announced the veto two days later."

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