Full title: Mergers & acquisitions - National anti-crisis measures - Emergency politics: Turkey - Elections spur actions

Date: March 2009

Publication: Finance

Excerpt: In Turkey, the financial crisis has not only affected the economy but also politics: The elections scheduled for March 29, 2009 have encouraged the ruling party AKP to vamp up the anti-crisis measures. It has cut gas prices, a primary drag on competitiveness, by 17 per cent for households and 18 per cent for industrial use, effective as of February 1, 2009.

Download: Finance EE

Contributor: Erdem Egemen: Corporate/M&A