Friday 30 August 2013

BUSINESS - Italian firm to bring Turkey ‘30 bln euros’

BUSINESS - Italian firm to bring Turkey ‘30 bln euros’:

"An Italian company is considering moving its 30 billion-euro assets from Switzerland to Turkey in a move that could help Turkey’s Central Bank governor’s pledge to protect the Turkish Lira, according to dailies Habertürk and Milliyet.

A company majorly owned by Italians with a minor Bulgarian partner has been in talks with Turkish Finance Ministry officials for over a week in Ankara.

According to reports, the company representatives are considering bringing their 30 billion euros to Turkey from Switzerland due to the Italian government’s recent inquiries, asking Switzerland to divulge its citizens’ banking data."

'via Blog this'

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