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Friday, April 06, 2007

EU’s restructuring decision slashes Turkey’s participation

"EU’s restructuring decision slashes Turkey’s participation

New EU demands for an extension on a period of non-expansion of capacity have frustrated the iron and steel industrialists in Turkey, Referans reported yesterday. The 60 percent cut of the $5.5 billion restructuring program puts the sector is in jeopardy."

More:M.A.Birand » EU’s restructuring decision slashes Turkey’s participation