The privatization proces in Turkey has in no degree taken a smooth ride.

The privatization proces in Turkey has in no degree taken a smooth ride. Delays, legal challenges and other jolts in the road have punctuated the last 20 years of efforts. Today, and following the requirements of the IMF sponsored assistance package, the privisation proces has been re-ignited with Turkish Airlines, Tekel Petkim and Tupras being a certain number of of the more well known names forward the bloc. However, eleven month into the year Tupras and Petkim are already behind schedule. While Tupras is running into legal challenges, there are indications that long-delayed Petkim appears to be going ahead and could papal court the first phase ...

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