European industrialists meet in Istanbul

The European Round Table of Industrialists (ERT), chaired by Bulent Eczacibasi, met in Istanbul yesterday. Discussing the global economic crisis, 47 CEOs and chairmen of major multinational companies of European parentage active in a wide range of industrial and technological sectors said that the world was facing its deepest recession in a quarter-century, adding that the crisis would lead to great suffering. The top businessmen also met with President Abdullah Gul.