Marie Curie award goes to Turkish academic

Marie Curie award goes to Turkish academic Marie Curie Actions, a research fellowship program that awards a set of mobility research grant schemes funding pre and post-doctoral researchers in Europe, has picked Turkish academic Ozgur Demirtas' proposal to fight the EU economic crisis as one of seven projects that deserve the support of 100,000 Euros, among one million contenders. Ozgur Demirtas, a finance professor at Sabanci University, suggested  in  his project that capital  entrance  to companies  via the  stock  exchange  could end  the economic  crisis  in the  European Union (EU). Demirtas claims that EU members need to draw foreign investment to their countries in order to overcome the crisis, while investors are avoiding investing in the EU because of the economic crisis and prefer developing countries' markets. He will research every publicly traded company in each EU member state and compare them with developing countries indexes this year. The main goal of the project  is  to  determine  which  companies  in  the  EU  deserve  to  take investments  and which  do  not,  in order to avoid labeling all EU companies as not  investable. The research aims to separate strong firms from weak ones in EU countries. Demirtas said that his project would selectively contribute to cash flow, adding that both EU members and countries that have a considerable trade volume with the EU would benefit from the project's results.