British Daily Cites Boosting Economic Relations Between Turkey, Greece

LONDON - British daily Financial Times reported Monday that economic and business ties between Turkey and Greece had been accelerating recently, with new several agreements in stock market investments.
"There have been ups and downs since, but successive governments have been careful to avoid the hostile rhetoric of the past. From a low base, bilateral trade has tripled to 1.8 billion euro in 2007, reflecting strong growth in both countries," an FT report on Greece said.
FT said "the trade balance was currently tilted in favour of Turkey, with Greece importing half as much again as it exports to its neighbour," adding that Turkey`s Ziraat Bankasi was planning to open two branches in Greece.
(YMB-MS)