EU raises forecast on Turkish economy
BRUSSELS - Anatolia News Agency
The European Commission increased its growth forecast for the Turkish economy from 3 percent to 3.3 percent for this year and from 4.1 percent to 4.6 percent for 2013.
The commission has described Turkey’s performance in reducing public debt stock in the past decade as an “impressive success story.” The European Commission released a spring economic forecast report, noting that Turkey’s gross domestic product (GDP) growth rate was forecast to ease to 3.3 percent in 2012, before accelerating to 4.6 percent in 2013.
More:ECONOMICS - EU raises forecast on Turkish economy
