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Terms of democracy, secularism. we have 1,100 radio channels, over 400 channels and 2,000 daily or weekly period calls. it s an open society. we don t restrict. we have boosted rights and free doms. we have enhanced the standards of democracy and the entire constitutional reform was aimed at bringing turkey closer to european norms which we have achieved. i read an op-ed piece of the prime minister, of course, sounded much more beling rent than in the past and almost i don t need europe and i can tilt to the east and be very happy. yes, we need europe for our own political economic transformation but europe needs turkey to remain a vibrant hello. i m monita rajpal in london. we want to bring you the latest on the situation in egypt. ....
Political reforms and the rule of law are the main challenges people are starting to address and for some that means studying the turkish option. in eight years of prime minister, turkish gdp grown between 5% and 6% a year. per capita is $12,300 nearly double that of egypt. i sat down with the finance minister and asked him how the country tackled the problems of unemployment and inflation. we have been focusing those at the bottom. we have really strong social programs. we have created net 1 million jobs over the past 12 months and since the crisis job creation is more than 2 million so we are trying to address that problem. no question about it. i think it s anybody s challenge. it s fascinating because the traditional challenge, of course, of turkey is high ....
He understands the anti-government protesters. i have personal sympathy for them. i think there was corruption. it is a time of change. but my personal view is that we should give the people in charge now trying to clean up and put this country together a chance. reporter: but it doesn t seem like the anti-government protesters are willing to give the current government that chance. as many egyptians fight for social change, many workers on construction sites like this one are fighting and praying to keep their jobs. fred pleitgen cairo, egypt. protecting jobs and securing capital is critical. banks reopened this week for the first time since protests began and held the first auction of the treasury bill market since january 25th. brokers said the buyers of the ....
From 5.3% down to 3.7%. fred pleitgen has more. reporter: as anti-mubarak protesters remain entrenched in cairo s tahrir square, the effects of the uprising are visible nationwide. this is a massive real estate development out egypt s capital with 1,500 housing units under construction. owner says work has come to a virtual standstill since the protests began. we had to slow down because we could not get the material in time, most of the laborers could not come and now trying to organize ourselves to go back to work. maybe four or $5 million a month of losses at least. reporter: he says he might have to start laying off workers. one bank estimate the crisis is costing egypt more than $300 million a day as the economy ....
And given the first guarantee of guaranteeing ending the emergency law but that s according to the constitution when things are calming down and that was the first promise and promising to be guaranteeing also conducting fair elections for the presidential elections and free elections. they also said that they will be making sure that all promises and all follow-up mentioned in the speeches will be implemented, followed up and they should be implemented according to the time that was mentioned and it has to be firmly implemented. they used firm. and they called on people to basically to go on with their own life and in order to guarantee that life will be continuing in egypt and they promised as well that nobody who are protesting will be followed by the security at all and they will be protecting the country. this was their second communique and the military is trying to put themselves aside if you like from the government as well as ....