Turkey

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Confirmation that Turkey's Constitutional Court will hear a lawsuit aimed at banning the ruling Justice and Development Party (AKP) could have longer term implications for the economy, although at present seasoned observers see the case as - for now - very public verbal fisticuffs.
The proposed 'Union for the Mediterranean', which aims to strengthen ties between the EU and Mediterranean countries in a number of key areas such as energy and security, was approved by EU delegates on March 14 after a two-day summit in Brussels.
In the aftermath of its brief military incursion into Iraq, Turkey appears to have maintained remarkably good relations with both the Iraqi government and the United States, long a key ally.
After a year of setbacks, Turkey's bid for EU membership may start moving forward again.
On February 7, Turkey's Nationalist Movement Party (MHP) and ruling Justice and Development Party (AKP) assumed a united front by introducing a constitutional amendment that would allow women with headscarves to attend university.
Estimates vary but it is certain that small- and medium-sized enterprises account for an enormous amount of the Turkish economy, accounting for between 95% and 99% of Turkish businesses, according to analysts.

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