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| Turkey, Business Timeline Legend |
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Stocks
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| Jun.6 |
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Oil prices rise on cyclone, unrest New York: Prices rose over $71 a barrel after news Turkish troops conducted operations in Iraq rekindled concerns over escalating tensions | | |
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| May.25 |
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Giant Caspian oil pipeline opens Azerbaijan: Oil is set to flow from Azerbaijan direct to the Mediterranean for the first time after a $3.6bn pipeline opened | | |
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| Mar.3 |
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War vote shatters markets Main stock market was down about 11.6% after the parliament rejected a multi-billion dollar U.S. troop deal
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| Oct.5 |
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TV channels yanked off the air Authorities turn off 3 channels for dedicating too much time to the businessman's parliamentary campaign
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| Aug.9 |
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Economy minister resigns Kemal Dervis has bowed to political pressure by announcing he is to step down ahead of early elections
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| Apr.15 |
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Crisis plan defended Kemal Dervis, economy minister, is very confident his new reform package can save Turkey
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| Apr.14 |
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Protests greet crisis plan| Istanbul: Tens of thousands gathered in Istanbul to demand government resignations. Economy minister has called to accept sacrifices | |
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| Apr.7 |
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Protest against economic policy Thousands demonstrates against government's handling of an economic crisis that has cut the value of lira by 40%
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| Mar.31 |
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Protest against economic reform Thousands protest IMF-backed reforms. Government meets union leaders and employers to muster support
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| Feb.26 |
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Turkey moves to stabilise currency IMF to review a 3-year anti-inflation programme backed by $11 billion
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| Feb.24 |
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New economic measures Prime Minister Ecevit has resisted calls for a government reshuffle. He promised new measures to combat the crisis economy
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| Feb.22 |
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Turkey floating its currency| Labour and business groups have called for a government shake-up as workers fear serious hardship | |
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| Feb.21 |
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Money market crisis| Banks rushed to buy billions of dollars, shares on the main index have lost 29% | |
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| Dec.7 |
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IMF cash to boost Turkey Interest rates fell as markets found a calm after the IMF announced $7.5 billion in new loans
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Intifada started by Sharon visit
| Turkey, Business | Major Events in 21st Century |
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