Ankara to form Turkish lira-zone as Eurozone alternative![]() October 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. Partner news Zvartnots airport will host a press conference on May 24 on the operation of Tel Aviv-Yerevan- Tel Aviv flights. “The increase for energy tariffs is prompted by a price hike for gas used in production,” Garegin Baghramyan said. Earlier, ArmRosgazprom CJSC addressed Armenia’s Public Services Regulatory Commission with an offer to reconsider natural gas prices. Finance Minister linked the step with the collection of air taxes. He further noted that lawsuits were filed by other lenders, too. Partner news |