10/24/2008

"Rational investors would designate Turkey as their top priority"

Bugun - Edoardo Spezzotti, Head of Markets and Investment Banking Department of Unicredit, the 3rd largest financial group in Europe which also owns 50% of Yapı Kredi Bank, said, "If its great success in fiscal discipline, financial flexibility and stability continues the way it has been, and if it goes on sending right signals to the investors, Turkey will continue to be an attractive country in terms of investment. In this respect, I have complete trust in Turkey." Spezzotti also said, "We, as UniCredit, are of the idea that Turkey will benefit from this crisis in medium and long term. A rational investor would designate Turkey as his/her top priority among developing countries.”