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Wednesday, December 03, 2008

How Can We Overcome The Crisis?

"How Can We Overcome The Crisis?
Published: 12/3/2008

BY ISMAIL KUCUKKAYA
AKSAM- The crisis that we're suffering has various dimensions. Let me share with you with a figure I learned yesterday: Over the last two months, electricity consumption in Turkey fell 4.5%. This situation directly reflects our economic slowdown. Energy experts at Sabanci Holding told me that despite the slowdown, energy investments are still attractive. They added that they wouldn't cut back, because investments today would pay off when the economy picks up."

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