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Friday, June 20, 2008

Turk Employers' Union: 8 pct annual growth needed to stay competitive

"Turk Employers' Union: 8 pct annual growth needed to stay competitive
Turkey needs to grow 8 percent annually in order to maintain its current place in the global competition, the Turkish Confederation of Employers' Associations (TISK) said on Friday. Even if the IMF's 6.8 percent growth forecast is realized, Turkey will lose its current place in the global competition list and become the 16th, the confederation said."

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