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Monday, September 12, 2011

Turkey's Economy Keeps Humming

Turkey's Economy Keeps Humming

BY JOE PARKINSON

ISTANBUL—The Turkish economy expanded 8.8% in the second quarter, far exceeding economists' expectations and underscoring its reputation as Eurasia's rising tiger.

Monday's official growth figure, compared with the year-earlier period, easily beat market expectations, at a time when many of Turkey's neighbors in the Middle East and Europe are struggling with political turmoil and bailouts.

More:Turkey's Economy Keeps Humming - WSJ.com