Latest

27/03/2009

Hurriyet's Economic Columnist Gila Benmayor reports on a press conference with Gordon Brown attended by other G20 journalists. She noted that after the local elections, the London Summit is the most important event for Turkey next week, as G20 leaders come together to find global solutions to global problems. She also highlights the following points about the G20 agenda: restructuring the banking and financial systems; sustaining growth; helping the poor countries and emerging markets; restructuring international institutions like the IMF and World Bank.

HaberTurk reports on President Abdullah Gul's statement during his visit to Brussels that Turkey has made the necessary preparations for the London Summit. President Gul stressed: 'Now, the world leaders know that the problem can only be solved at global level. Therefore, they are in a more advantageous position transferring the power of G7 to G20.'

26/03/2009

HaberTurk quotes George Soros saying that the London Summit will be a 'stand up' or 'sink to the bottom' meeting for the global markets. Soros warned that if there is no decision at the Summit about taking measures to support countries, the markets can experience a similar downfall to the one on 10 February.

25/02/2009

Haber 7 reports an opinion survey carried out by Opinion Research institution: 50 per cent believe that the priority issue to discuss during the London Summit should be fiscal stimulus packages, while 29 per cent think that bonuses of banking sector directors and employees should be the priority issues to discuss.

19/3/2009

Hurriyet reported that before the London Summit, people representing the private sector of the G20 countries had gathered at 10 Downing Street. At the meeting, Turkish Industrialists' and Businessmen Association (TUSIAD) Head Arzuhan Dogan Yalcindaghad emphasised that the way to get out of the crisis is not to turn inwards but to continue cooperating with each other. 

HaberTurk columnist Gazi Ercel reported that it was decided in the G20 Finance Ministers meeting in Southern England that the Central Banks of the G20 countries should continue with their expansionist monetary policies using all policy instruments while acting in line with inflation targets.

15/03/2009

On Saturday 14 March the British Consulate in Istanbul hosted a round table meeting to discuss the London Summit of G20 leaders. The event, organised in conjunction with the Global and Political Trends Centre (GPOT) with the support of Referans and Hurriyet newspapers gathered businesspeople, academics, media and civil society organisations together to debate how best to find a way out of the global economic crisis.

17/03/2009

Referans reported that the private sector will be represented by TUSIAD's head Arzuhan Dogan Yalcindag at the Summit of G20 Business Leaders organised by Confederation of British Industry where the speakers will include Gordon Brown.

14/03/2009

Sabah reported on the meeting of G20 Finance Ministers and Central Bank Governors in Horsham over the weekend, attended by State Minister Mehmet Simsek and Central Bank Governor Durmus Yilmaz.

11/03/2009

Turkiye reports that analysis prepared ahead of the London Summit found Turkey was among the countries with best public finances. The analysis states that Turkey will have downward trend in inflation.

09/03/2009

Dunya reported that State Minister Mehmet Simsek will be representing Turkey at the meeting of G20 Finance Ministers and Central Bank Governors in the UK on 13 and 14 March. The governor of Turkish Central Bank Durmus Yilmaz would also be attending.

07/03/2009

Cumhuriyet reports a statement by Deputy Prime Minster and Minister for Economy Nazim Ekren. Ekren notes that Turkey has been working on preparing for the G20 Summit that will be held in London next month. Turkey overcame the economic crisis in 2001 and wants to share this experience during the G20 Summit.

06/03/2009

The daily newspaper Taraf says that although there is a general view that each country should create its own solution to the crisis, G20 countries that will gather in London will underline the importance of preventing protectionism and look for a way to act together.

03/03/2009

Referans reports Tanzania asked Turkey to represent them and other African countries in the Summit.

25/02/2009

Milliy et reports that Minister of Foreign Affairs Ali Babacan has stressed that decreasing the impact of the current crisis and preventing similar events in future is not possible without a global approach. Therefore the G20 meetings play an important role. The London Summit at the beginning of April is important for international cooperation and coordination. Coordinated action is vital in order to overcome the crisis with minimum damage. We need a new architecture in which no country can say 'I'm big, I'm special'.

In the same edition Millyet notes that it was clear at the World Economic Forum in Davos that Gordon Brown was working at full capacity to make the Summit successful.  Turkey's experience of crisis in 2001 has a real value for other countries
23rd Feb

Radikal reports agrees that global action is necessary to prevent the crisis becoming similar to the Great Depression before the Second World War. Turkish bureaucrats have also been working and planning seriously for the Summit, but it will be politicians who will put their stamp on the Summit.  In the G20, Turkey holds an important position as an emerging economy.

Sabah reports a statement by Prime Minister Erdogan following his conversation with President Obama that Turkey is a country that can use its communication network successfully with both the Middle East and the West.  Obama underlined Turkey's leadership in the region and the importance of working together, it said.

10/02/2009

Referans Gazetesi, an economic daily, said there were two options facing the world: either understanding that a global crisis needed a global solution with global measures against it; or everyone would take their own measures which would make protectionism the norm. The paper said that the threat of protectionism would remain on the agenda if the G20 summit did not take the necessary steps needed for global coordination.

06/02/09

'Expectations of the London Summit among the academic and business community in Turkey are increasing. They expect the Summit to address global economic problems effectively and produce sound measures to cope with the crisis, which is having a deepening impact on the real economy.' - Hurriyet and Zaman Gazetesi

Turkey

• G20: İstanbul'da Sivil Toplum Toplantısı
• Zirvenin hedefleri
• Sıkça sorulan sorular
• Tartışmaya katılın