Francesco Turchi was born in Rome, Italy where he earned a degree in Economics and Commerce from LUISS University in Rome. Professor Turchi is a specialist in financial mathematics on which subject he wrote his graduate thesis. Professor Turchi teaches at the Italy's Internet University Università Telematica Guglielmo Marconi in Rome, and is an adjunct Faculty at Università degli Studi di Perugia.
He has issued different lectures for the Boston University, Princeton University, the Calandra Institute Queens College in New York, the Graduate School of Business in Columbia University and the Department for International Relationships in the Boston University.
Professor Turchi was elected to the European Parliament in 1999, and in 2002 he has assumed the position of Vice-president of the EU's Budget Commission. As a member of the Budget Commission of the European Union he participates in a committee with responsibility for the reform of the EU's budget and finances.
From (2001-2005) he served on the Budget Committee with responsibility for business enterprises and entrepreneurship and from 2001 to 2006 he participated in the development of regulations governing public health and coordination of EU actions for emergency planning, and the EU's satellite communications system "Galileo."
Professor Turchi is an acknowledged expert and an elected principal for deliberations on the financial consequences and politics of the expiration of the CECA Essay on the Annual Report (1999), Tran European Nets (TEN), and proposed rule changes concerning financial contributions of the European Community to Tran European Nets.
Professor Turchi was also a member of the parliamentary delegation from the Committee of Conciliation for the Budget of the European Union in 2002. In June 2002, he represents the European Parliament to the 23° Annual Meeting of OECD for Senior Budget Officials that was held in Washington D.C. In May 2003, he participated as a member of an EU Delegation to Israel's Knesset. In December 2005 he participates at the meeting annual meeting of "Le Cercle".
Professor Turchi's publications include "Metodi quantitativi per le decisioni di impresa" (quantitative methods for enterprises decisions); "Perché l'Euro" (Euro: why?), and "Elementi di economia per l'analisi dei costi-benefici" (Elements of economy for the analysis of cost-benefits).