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Tuesday, June 07, 2011

Babacan Says Turkey ‘Serious’ on Loan Curbs, Current Account - Bloomberg

"Babacan Says Turkey ‘Serious’ on Loan Curbs, Current Account
By Steve Bryant - Jun 7, 2011 6:34 AM ET

Turkey is “serious” about curbing credit growth and the current-account gap and will use the budget and possibly sanctions on individual banks to ensure its goals are met, Deputy Prime Minister Ali Babacan said."

More:Babacan Says Turkey ‘Serious’ on Loan Curbs, Current Account - Bloomberg