Ankara to form Turkish lira-zone as Eurozone alternativeOctober 31, 2012 - 17:08 AMT PanARMENIAN.Net - Turkey plans to create a Turkish lira-zone as an alternative to the Eurozone, Turkish Prime Minister Recep Tayyip Erdogan said. As Erdogan noted during his official visit to Germany, a number of EU countries resolved against joining the Eurozone and have not suffered as a result. "Great Britain has not joined the Eurozone and the country's economy is quite stable," he said. "British authorities advised us not to join the Eurozone, but create a Turkish lira- Zone, instead." Erdogan further stressed the need for the EU to reconsider its monetary policy. Eurozone is the currency union uniting 27 European Union countries. The official currency is the euro. Eurozone was established in 1999, Trend reported. Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion. Partner news | U.S. welcomes efforts to define Armenia-Azerbaijan border The United States welcomes efforts to define the border between Armenia and Azerbaijan, says Vedant Patel. Biden honors resilience of Armenian people on April 24 U.S. President Joe Biden has issued a statement on the 109th anniversary of the Armenian Genocide. Ex-Karabakh leader moved to solitary confinement cell in Baku, his son says David Vardanyan is the son of former Karabakh leader Ruben Vardanyan who who is currently imprisoned in Azerbaijan. Macron says France commemorates 109th anniv. of Armenian genocide Today France commemorates the 109th anniversary of the Armenian genocide of 1915, Macron says. |