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PRESS DIGEST – Turkey – Nov 3 | Reuters

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Nov 3 (Reuters) – These are the leading stories in the Turkish press on Wednesday. Reuters has not verified these stories and does not vouch for their accuracy.

MILLIYET

– Francisco Gonzalez, chairman of Spanish lender BBVA (BBVA.MC), says acquiring a quarter of Garanti Bank (GARAN.IS) was a big opportunity to enter a growth market.

– The head of the Banking Regulation and Supervision Agency says his agency is pleased that the number of Garanti shareholders remains the same.

– Authorities identify the suicide bomber at Taksim Square at the weekend as a member of the Kurdistan Workers Party (PKK) and say he received bomb training in the Qandil Mountains, the rebels’ base in northern Iraq.

– A court shuts down Google’s (GOOG.O) YouTube three days after authorities lift the 2-1/2 year ban on the video-sharing website for allegedly posting sex videos of former opposition leader Deniz Baykal.

HURRIYET

– Dervis Eroglu, president of the Turkish Cypriot administration, asks Turkish President Abdullah Gul to help finance purchases of Greek property in northern Cyprus. Gul asks the head of the Banks Association of Turkey to set up a commission on the issue. Eighty percent of property in the Turkish region of the island is owned by Greeks.

SABAH

– Banks show renewed interest in the $11 billion Nabucco gas pipeline project as the global economic crisis subsides.

– Foreign Minister Ahmet Davutoglu says there is a new Turkish-Chinese paradigm after reaching agreement with officials in Beijing on an “action plan” that elevates the relationship to a new strategic co-operation dimension.

HABER TURK

– State Minister Zafer Caglayan invites Chinese automaker Geely Automobile (0175.HK) to invest in Turkey and suggests Anadolu Group as a local partner.

YENI SAFAK

– Prime Minister Tayyip Erdogan says the Council of Higher Education desperately needs reform and his government will easily do it after 2011 elections.

RADIKAL

– The head of the Union of Chambers and Commodity Exchanges of Turkey met Erdogan on Tuesday and promised to create 1.5 million new jobs in the next three years. (Writing by Ayla Jean Yackley)

via PRESS DIGEST – Turkey – Nov 3 | Reuters.


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