TURKEY

PM Yıldırım to meet with executives of major German companies

PM YILDIRIM TO MEET WITH EXECUTIVES OF MAJOR GERMAN COMPANIES

Prime Minister Binali Yıldırım is scheduled to meet with managers of leading German companies Thursday in Ankara, the prime ministry sources said Wednesday.

Yıldırım will meet with businesses, which have investments in Turkey, at Çankaya Palace in Ankara at 10 a.m. local time (0700GMT), the sources reported.

His meeting comes after political tensions rose between Germany and Turkey because Berlin unveiled economic measures to put pressure on Ankara to release German citizen Peter Steudtner, who is being held on suspicion of being linked to terror groups.

German Foreign Minister Sigmar Gabriel also announced last Thursday, it would not encourage German businesses to invest in Turkey, in an apparent attempt to also, increase pressure on Ankara.

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