Word: kemal
(lookup in dictionary)
(lookup stats)
Dates: during 2000-2009
Sort By: most recent first
(reverse)
...Ankara Turkey appointed a World Bank vice president, Kemal Dervis, to the cabinet with responsibilities for overseeing the central bank, state banks and the banking regulatory board. In further steps aimed at getting the country's shattered economy back on track, the government began talks with the International Monetary Fund about billions of dollars in new loans, and moved to take over the small Ulusal Bank, which was in danger of becoming insolvent. A political clash between Prime Minister Bulent Ecevit and President Ahmet Necdet Sezer two weeks ago-over banking reform and corruption-led to a currency free fall...