Turkey gets a second chance

When the annals of Turkish economic history are compiled, it's a safe assumption that 2006 will go down as a year policymakers would rather forget. The big story, of course, was the derailing of Turkey's accession talks with the European Union (EU) following the latter's suspension of negotiations on eight of the 35 chapters of the acquis communautaire, the term used to describe the EU's body of laws. This move was prompted by Turkey's refusal to open its ports and airports to Greek Cypriot

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Unhappy euro hopefuls

Prospects for adopting the euro remain remote for many EU countries in Central and Eastern Europe, and in the Baltics, writes George Kopits

How the euro gives Britain a free ride

New research suggests Britain and other European countries that have not adopted the euro have nevertheless benefited from it nearly as much as insiders, without giving up policy autonomy

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