Turkey launches nationwide campaign for new currency

http://servihoo.com/channels/kinews/...&CategoryID=47

On 24 Sep 2004 07:11:48 -0700, John Stone wrote:

http://servihoo.com/channels/kinews/...&CategoryID=47

What's the current prognosis for Turkey joining the EU economic union and
adopting the Euro?

"Jorg Lueke" wrote in message
news
On 24 Sep 2004 07:11:48 -0700, John Stone wrote:


http://servihoo.com/channels/kinews/...&CategoryID=47

What's the current prognosis for Turkey joining the EU economic union and
adopting the Euro?

From today's news, I gather that if Turkey is to be invited for discussions
this year end, joining will be around 2015. There are many hurdles that
must be met.

Tony

Jorg Lueke wrote:

What's the current prognosis for Turkey joining the EU economic union and
adopting the Euro?

Ask again in 15 to 20 years g. First, a country cannot join the
economic part of the European Union only. Which is why, in the case of
Turkey, there have not been any membership negotiations so far ...

That may change fairly soon, though. Next month the European Commission
will "recommend" whether official negotiations with Turkey should start
or not. For some recent info on that issue see
http://www.euobserver.com/?sid=9&aid=17360

But even if Turkey becomes an EU member in a couple of years, that does
not mean it can "automatically" adopt the euro. Keep in mind that the
ten countries which joined the EU this year have very different
schedules concerning the currency union ...

Christian

In article ,
(Christian Feldhaus) wrote:

That may change fairly soon, though. Next month the European Commission
will "recommend" whether official negotiations with Turkey should start
or not. For some recent info on that issue see
http://www.euobserver.com/?sid=9&aid=17360

From the link:
"Mr Verheugen also announced that a Commission group investigating
torture in the country found that there are no grounds for accusing the
Turkish authorities of systematic abuses."

Amnesty International may have a different opinion on this issue.

In article Scot Kamins writes:
....
From the link:
"Mr Verheugen also announced that a Commission group investigating
torture in the country found that there are no grounds for accusing the
Turkish authorities of systematic abuses."

Amnesty International may have a different opinion on this issue.

Indeed. But I think that you will find approximately the same for
Slovakia. But quite a bit in the Turkish policy has been changed
already, like the possibility to use Kurdish. There is much more
desired, but whether the torture is still systematic is another question.
--
dik t. winter, cwi, kruislaan 413, 1098 sj amsterdam, nederland, +31205924131
home: bovenover 215, 1025 jn amsterdam, nederland; http://www.cwi.nl/~dik/

In article writes:
....
But even if Turkey becomes an EU member in a couple of years, that does
not mean it can "automatically" adopt the euro. Keep in mind that the
ten countries which joined the EU this year have very different
schedules concerning the currency union ...

The current policy is that the euro will be adopted (so, no new Danmark,
Sweden or UK), but a time-frame is lacking. The only new country for
which I read about a definite year was Malta, where the intended year
of 2005 was changed to 2006.
--
dik t. winter, cwi, kruislaan 413, 1098 sj amsterdam, nederland, +31205924131
home: bovenover 215, 1025 jn amsterdam, nederland; http://www.cwi.nl/~dik/

Dik T. Winter wrote:

The current policy is that the euro will be adopted (so, no new Danmark,
Sweden or UK), but a time-frame is lacking.

Basically right, except that Sweden legally did not have the option to
stay but simply chose to not meet the conditions ;-) Theoretically that
may happen in the case of some of the new member states as well, but it
is less likely.

The only new country for which I read about a definite year was Malta,
where the intended year of 2005 was changed to 2006.

Well, the time frame largely depends on the economic development in
those countries. But the currencies of Denmark, Estonia, Lithuania and
Slovenia are members of the Exchange Rate Mechanism (ERM-2) along with
the euro, with the Danish krone being more closely tied to the euro
(2.25 percent fluctuation band, I think) than the kroon, the litas and
the tolar (15 percent) ...

Christian

In article Jorg Lueke writes:
On 24 Sep 2004 07:11:48 -0700, John Stone wrote:

http://servihoo.com/channels/kinews/...&CategoryID=47

What's the current prognosis for Turkey joining the EU economic union and
adopting the Euro?

The first has gone a step forward I think, but it will still take quite
some years. The latter is still doubtful, and will be later. Although
the current policy appears to be that new EU members will adopt the euro
within some reasonable time after entering the EU, but I do not know
whether there is a real time-frame involved.
--
dik t. winter, cwi, kruislaan 413, 1098 sj amsterdam, nederland, +31205924131
home: bovenover 215, 1025 jn amsterdam, nederland; http://www.cwi.nl/~dik/

? "Jorg Lueke" ?????? ??? ??????
news
On 24 Sep 2004 07:11:48 -0700, John Stone wrote:


http://servihoo.com/channels/kinews/...&CategoryID=47

What's the current prognosis for Turkey joining the EU economic union

Not so brilliant.
Although USofA is trying hardly to make it happen ;-)

Please have a look:
--------------
PARIS, France (Reuters) -- Turkey will not join the European Union for
at least 15 years and could only do so once France had held a
referendum on the issue, French Finance Minister Nicolas Sarkozy said
on Sunday.

"The membership of Turkey, in the best of cases, will not happen for
15 years," he told LCI television. "A decision as important as the
membership of Turkey in Europe could only be taken after there had
been a referendum in France."

Sarkozy, who plans to quit the Finance Ministry in November to lead
France's ruling conservative party, said he had reservations about
Turkey joining the 25-member bloc.

He was sceptical about the idea "not because it is a Muslim country
but because Turkey alone represents the membership of the 10 countries
(mainly) from eastern Europe," he said, referring to the countries
that joined the bloc this year.

Sarkozy made his comments after French Prime Minister Jean-Pierre
Raffarin voiced misgivings on Thursday about Turkey joining the bloc,
asking if Europe really wanted "the river of Islam to enter the
riverbed of secularism."

Raffarin said Turkey had made progress in adjusting its laws and
institutions to EU standards under Prime Minister Tayyip Erdogan, but
queried the overwhelmingly Muslim but secular state's ability to stay
the course.

Turkey cleared a hurdle on its path towards EU membership on Sunday
when its parliament approved a new penal code which will boost women's
rights and punish police more severely for torture.

The European Commission is due to present an assessment on Oct. 6 of
whether Turkey has met the political and economic criteria which would
enable it to start negotiations.
-------------------

and
adopting the Euro?

(EMU).
Impossible for the next 25 years or even more!


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