# Turkey’s accession

- Canonical URL: https://www.gerhardmerk.de/turkeys-accession-2
- Post ID: 7897
- Modified: 2023-07-25T21:12:07+00:00
- Language: en

## Definition

Although, according to a rather reliable survey in 2012, a majority of the Turkish population was apparently opposed to their country's accession to the EU, the leading business associations are in favor of it. At many levels - including in the financial sector - there are currently (end of 2013) various efforts to align Turkish national legislative, administrative and judicial systems with the current regulations established in the EU. The EUR plays a role as a secondary currency in Turkey, at least in some areas. In the long term, Turkey's accession to the EU is considered highly probable. - See G20 Ministers and Central Bank Governors, Region, euro-determined, Sermaye Piyasasi Kurulu, Twinning. - See ECB Monthly Report, November 2012, pp. 102 f. (analysis of the Turkish Central Bank's policy; overview), BaFin Annual Report 2012, pp. 153 f. (cooperation with the Turkish supervisory authority). Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent! University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec. Professor Dr. Eckehard Krah, Dipl.rer.pol. E-mail address: info@ekrah.com https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk https://www.jung-stilling-gesellschaft.de/merk/ https://www.gerhardmerk.de/

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