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Gazprom says to honour contract with Turkey
Gazprom, Russia's giant gas company, will honour its export contracts with Turkey and has alternative options if present routes of delivery are not sufficient. Rem Vyakhirev, Gazprom's chief executive stated on Wednesday that "Gazprom cannot afford...
Agreement with IMF
As a result of meetings with the International Monetary Fund (IMF) going on since June 15th , IMF is reportedly ready to express confidence in the Turkish economy and the economic polities that the Government has assured to realise in a press...
Economic scare over decline
The economic slowdown experienced since 1998 has turned into decline. The GNP that had climbed 9.2% in the first three months of last year, dived 8.4% this year. The first three months of 1999 has been the worst period of Turkish economy since the...
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