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Deputy PM Babacan: Central Bank deserves Nobel Prize

Deputy PM Babacan: Central Bank deserves Nobel Prize


In response to questions from reporters about the economy agenda en route to the Netherlands, Deputy Prime Minister Ali Babacan said that they have had all kinds of contingency plans available for all kinds of scenario and thus he could sleep well at nights. Stating that the Central Bank deserves a Nobel Prize thanks to its implementations, Babacan said, "A strong bank means strong capital," adding that the banking system should be kept profound. Babacan who has travelled to Rotterdam on the occasion of the closure of events celebrating the 400th anniversary of diplomatic relations between Turkey and the Netherlands said that recent growth figures were below expectations yet would not affect the general course of economy. As part of his visit, Babacan met with Dutch Minister of Foreign Trade and Development Lilianne Plouman, after which he said that they have discussed mutual trade relations between two countries and the situation of economy in Europe. Babacan who has also met with Dutch Prime Minister Mark Rutte in Hague said, "The celebrations for the 400th year have boosted the relations between the two countries. We are pretty happy about the current situation."

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