Dünya English: “Derviş gives three advices to Turkey”

Posted by Cem on 07/03/12

Kemal Derviş is both Turkish and German. His father is Turkish and his mother is German. I’m proud to be Turkish and the Germans can be proud too because he is the Batman of economics!

Derviş gives three advices to Turkey

I quote:

“Brookings Institute’s Vice President Kemal Derviş made some special remarks on Turkey’s economy following a meeting of the Turkish American Scientists and Scholars Association (TASSA) in which academics working in the US come together. Speaking to the Sabah daily, Derviş said that it was almost impossible not to be affected by the eurozone crisis and that Turkey has become more resistant to foreign disruptions, because it has diversified its export in the last decade. Derviş said he didn’t expect any economic downturn despite the negative course in Europe, adding that the credit policy applied by the European Central Bank could not solve the problem but lessened its strength. Derviş stated that despite the positive outlook of Turkish economy, there were three important points to be watched. “Firstly, Turkey should make more savings and investments. Secondly, it should finance investments by its own resources, and finally it should decrease its current deficit to 5-6%,” said Derviş.”

Always available and ready to help.

Yours faithfully,


PS. As Ozay Mehmet, Derviş too would say: “Bail out the unemployed, rather than the banks!”.

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This blog is about the relations between Turkey and the EU. I explain how much some notorious French TV channels and other media are biased regarding Turkey. This blog is an antidote for the perpetual anti-Turkey brainwashing of numerous dark circles within the EU and the USA (On July 2011 a political adviser of a member of the EU parliament told ABHaber: "I’ve been working at the EU parliament for 6 years. When Turkey is dealt with some people press the button and everybody bestir themselves and ensure that the Turkey dossier is concluded negatively. Difficult to understand. There is an unnamed anti-Turkey mechanism at the EU parliament. Completely organized"). Imagine that you're listening to Bach or Kenny Kirkland – or to your favourite song – in harmony. But suddenly, someone is screeching a piece of chalk on a blackboard. That screech that you heard is racism. Well it is useful to highlight this: the Turks are not “true” Muslims according to the Arabs whereas they are not “true” Europeans according to the Europeans. So who are the Turks? Where do they live? I think that I’ve discovered a new continent on our planet. Its name: Turkope. Jules Verne would be proud of me! more.

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