The E.U. initially decided to end the isolation of Turkish Cyprus, to balance the accession of Cyprus. But the E.U. has not carried through on its promise. Ali Babacan More Quotes by Ali Babacan More Quotes From Ali Babacan Population is a strong driver of the economy as well as the quality of the labor force. Ali Babacan labor-force quality strong The fast fish, not the big fish, eats the small fish. Ali Babacan big-fish fishes bigs Turkey's economy is powerful enough to tackle tough times. Ali Babacan turkeys tough-times powerful Turkey is widely envied while there are very serious troubles in the world economy. Ali Babacan turkeys serious world Turkeys energy bill due to imports will fall with the increase in use of renewable energy sources. We have no control over the prices of petroleum and natural gas. Ali Babacan turkeys bills fall Islam and democracy can function together. Ali Babacan islam democracy together Turkey is going through an incredible economic, political and social transformation. What is most important is that Turkey has been the owner of this transformation. Ownership has been the key to success. Ali Babacan turkeys political important Greece is not an easy country to do business in. Ali Babacan greece easy country Whatever the scenario, the dynamism of developing nations, their demographics and competitive power are great sources for superiority. Ali Babacan dynamism demographics source When Turkey buys Iranian oil, we pay for it in Turkish lira... However, it is not possible for Iran to take that money as dollars into its own country due to international restrictions, the U.S.A.s sanctions. Therefore, when Iran cannot take this money back as currency, they withdraw Turkish lira and buy gold from our market. Ali Babacan turkeys iran country We have been talking with leaders: Change is coming; you can no longer have a closed regime with an open society - satellites, social media, the Internet - you have this kind, this kind of society moving forward, and you are running this closed regime; this is not sustainable. This cannot continue. Ali Babacan you social-media society change Turkey has a young and growing population. Until recently, this was perceived as a problem, a burden that Turkey would bring to the E.U. But it is, in fact, an asset that can help the population deficit of the E.U. and the economic growth of Turkey. Ali Babacan help burden growth problem Turkey does not have an official exchange rate target. Ali Babacan exchange does turkey target Turkey will not let Turkish territory or airspace be used in any activity that could harm the security or safety of Syria. Ali Babacan turkey will security safety Northern Iraq has become, economically, a natural extension of Turkey. Ali Babacan turkey become iraq natural Leave history to historians. Ali Babacan historians leave history A country which has a population 99% as their faith in Islam can also be a country which are subscribing to the universal values of the E.U. Ali Babacan values islam faith country Those looking from Europe see Turkey as an economic success, whereas others from the Middle East see Turkey as a democratic success. Ali Babacan others looking see success 'The Economist' is a biased organization. Ali Babacan economist biased organization Openly speaking, the only formula that will save Greece's future is more trade with Turkey and more investment with Turkey. Ali Babacan more will investment future
