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Monday, February 02, 2009

Turkey’s growth to contract 2 pct in Q4 2008, revival likely in Q2

"Turkey’s growth to contract 2 pct in Q4 2008, revival likely in Q2
The Turkish economy, which is facing recession due to both internal and external dynamics, is expected to shrink 2 percent in the fourth quarter of 2008; however, a moderate revival is likely in the second quarter, a research report said on Monday."

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