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Turkey_s finance minister on how Eurozone could get growth

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Published on Sep 28, 2011

Finance Minister Mehmet Şimşek spoke as a guest at the Liberal Democrat Party's Friends of Turkey group at the Liberal Democrat Autumn Conference on 18 September 2011. He said Turkey can help Europe become a major world power.

Along with a distinguished panel of Lib Dem members and the editor-in-chief of Today's Zaman, Bülent Keneş, Şimşek addressed the audience on the importance of Turkey's new status as the world's emerging economy. "A lot of people talk about China, Brazil and India, but Turkey is in Europe. We could help Europe be a world player," he told the conference, which the Zaman Media Group sponsored.


Mehmet Şimşek was born 1 January 1967, from a Kurdish family in the city of Batman, Turkey.
He is the Minister of Finance of Turkey in the cabinet of re-elected Prime Minister Recep Tayyip Erdoğan. He was elected to the Parliament for Gaziantep in the general election on July 22, 2007. Mehmet Şimşek was the State Minister for Economic Affairs from August 2007 to April 2009. On May 1, 2009, he was appointed Minister of Finance. He is a member of the Justice and Development Party.
Şimşek earned his B.Sc. in Economics from Ankara University in 1988. After working as research assistant in the chair of international economics and economic development, he was awarded a state scholarship to the University of Exeter in the United Kingdom, where he earned his M.Phil. in Finance and Investments in 1993.
Şimşek previously worked as the chief economist and strategist for emerging Europe, Middle East and Africa region at Merrill Lynch in London for 7 years. At this time he had a number of contacts with the Turkish authorities and the Central Bank and had worked with the AK Party government on economic policy. He also served as senior economist and bank analyst for Deutsche-Bender Securities from 1998 to 2000. Mr Şimşek spent about a year in New York where he worked for UBS Securities in 1997. Prior to that, he was a senior economist at the US Embassy in Ankara for almost four years.

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