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

Categorized in : You Change Society Social Media

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

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

cyprus balance promise

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

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