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Major Danish firms support for Turkey's EU accession bid

Monday, September 21, 2009

Turkey has the aim of developing and strengthening economic and commercial ties between Turkish and Danish companies. In a meeting in Istanbul, Representatives of major companies from Denmark have reiterated their firm support for Turkey's European Union accession bid.

Chief executive officers of 19 leading Danish firms, including Maersk, one of the world's biggest sea transportation companies, energy firm Dong and leading beer producer Carlsberg, with representatives from Dogan Broadcasting and Publishing Holding attended the meeting of Young Presidents' Organization, held at the Dogan Media Center.

Speaking at the meeting, Stefen Kragh, Egemont Group head said, "Turkey is one of the world's top 15 economies, and has a great potential to develop." Kragh said some of his colleagues were in Turkey for the first time to attend the meeting, and had already had their views of Turkey changed, and added; "Now they all believe that Turkey should be part of the EU.” If the government can make significant progress; and full EU membership for Turkey looks like becoming a reality it will likely trigger a buying spree; with overseas property investors attempting to buy in advance of the massive price growth.

EU membership provides a massive boost to property price growth in new member states; with Bulgaria and Estonia as shining examples. The Turkish property market is doing brilliantly in its own right, with prices still growing on some properties even as prices fall all around the world. This being made possible mainly by record tourism growth; 23million visitors last year, and 30million expected this year.

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posted by EstatesNewz, 6:14 AM

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