Turkey

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German Chancellor Gerhard Schroeder's two-day visit to Turkey this week served to focus minds on the continuing key role trade between these two long-time allies now plays in both economies.
With a string of glowing reports to its credit in recent days, the Turkish economy hasn't had such a good press in years - and the signs are that many foreign investors have certainly noticed.
When Belgian bank Fortis agreed this week to buy a controlling stake in Turkey's Disbank, they became the second European lender to buy into a Turkish counterpart since December.
Turkey's economy grew last year at the fastest rate in nearly 40 years, surging past many expectations.
With the death of Sheikh Zayed bin Sultan al-Nahyan in November last year, one of the world's richest and most strategically vital countries passed into the hands of a new leader.
Four years on from Turkey's major banking and financial crisis, the sector has been recently pondering a new law - along with the costs of implementing an old one.

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