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Ali Babacan Quote

“Turkey has a young and growing population. Until recently, this was perceived as a problem, a burden that Turkey would bring to the E.U. But it is, in fact, an asset that can help the population deficit of the E.U. and the economic growth of Turkey.”

— Ali Babacan

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We have been talking with leaders: Change is coming; you can no longer have a closed regime with an open society - satellites, social media, the Internet - you have this kind, this kind of society moving forward, and you are running this closed regime; this is not sustainable. This cannot continue.

— Ali Babacan

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Turkey's energy bill due to imports will fall with the increase in use of renewable energy sources. We have no control over the prices of petroleum and natural gas.

— Ali Babacan

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Whatever the scenario, the dynamism of developing nations, their demographics and competitive power are great sources for superiority.

— Ali Babacan

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The fast fish, not the big fish, eats the small fish.

— Ali Babacan

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When Turkey buys Iranian oil, we pay for it in Turkish lira... However, it is not possible for Iran to take that money as dollars into its own country due to international restrictions, the U.S.A.'s sanctions. Therefore, when Iran cannot take this money back as currency, they withdraw Turkish lira and buy gold from our market.

— Ali Babacan

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A country which has a population 99% as their faith in Islam can also be a country which are subscribing to the universal values of the E.U.

— Ali Babacan

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