Turkey

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Early this month the Turkish parliament passed a bill authorising the construction and operation of nuclear power plants in Turkey.
Once debt-ridden, Turkey's banking sector now constitutes a solid pillar to the Turkish economy.
It comes as possibly the most difficult challenge of all in Turkey's drive to secure itself a place among the world's most developed economies.
The contents of Turkey's 2008 draft budget, which was submitted to parliament on October 17, triggered a largely positive response from local economists, with the primary surplus for 2008 lowered from previous years.
Alarm bells rang last week when Turkey recalled its ambassador from Washington for consultation after a US congressional committee passed a resolution declaring the Ottoman Turks committed genocide against the Armenians in 1915.
Turkey's heavyweight construction companies are continuing to win big contracts abroad, with a large number of tenders being won in neighbouring states.

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