Union of Chambers and Commodity Exchanges of Turkey

Yavuz: If we do not wish to miss out on the future, we must generate policy according to important global changes


21.02.2014 / Ankara



The “Outlook on Turkey’s Economy at the Beginning of 2014, Developments, Expectations and Risks” meeting was held at the TOBB University of Economy and Technology.​

Speaking at the meeting, TOBB Board and Executive Council Member Faik Yavuz stated they are following the ideas shared here as the Turkish real sector very closely.

 

Touching on such issues as developments in regards to the approaching end of abundance in global liquidity, the current deficit, regionalization, changing balances of power shaped by energy.

 

Stating that the global financial recovery will continue throughout 2014, Yavuz said oil prices would remain as they were and political tensions would be no higher than they were.

 

Touching on the importance of the EU process as a driving force for stability and growth, Yavuz stated that more reforms are needed for financial life, for improving political and social structure, to consolidate successes in regards to democracy and the rule of law.

 

Faik Yavuz went on, “We are prepared to write a new success story in 2014. We must refocus on rapid growth and increasing our competitive power.”

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