S&P pours cold water on Turkey
May 1, 2012 8:08 pm by Daniel Dombey
It looks like a case of good news, bad news for the Turkish economy.
First the good news. On Monday, the country posted a hefty improvement (ie reduction) in its trade deficit, raising hopes that its gargantuan current account deficit could be soon under control.
More:S&P pours cold water on Turkey | beyondbrics | News and views on emerging markets from the Financial Times – FT.com