VOL. XLIII

No. 31

30-July-2000

TURKEY

Turkey Drops Plans For Akkuyu Nuclear Plant

The Turkish cabinet decided on 25 July to postpone indefinitely plans to construct a nuclear power plant at Akkuyu on Turkeys Mediterranean coast, since financing the $3bn-$5bn project would hinder an International Monetary Fund (IMF) program to reduce the countrys inflation rate. In announcing the decision, Prime Minister Bulent Ecevit said: "It would be a correct move to put off the nuclear plant for some time....