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Economy / Turkey

New Cabinet Highlights EU Priority

August 2007 | Ratings Update

One day after he was inaugurated as President, Abdullah Gul approved a proposed cabinet list from Turkish Prime Minister Tayyip Erdogan. While the majority of the 25-member cabinet remains unchanged, the newly approved ministers point to an acceleration of the convergence reform agenda. Ali Babacan, formerly the economy minister and chief EU negotiator was promoted to foreign minister while Mehmet Simsek, a US-educated former investment banker with

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