Tuesday, June 30, 2009

Turkish economy shrank 13.8 percent in Q1 as trade undergoes sharp contraction -- chicagotribune.com

"Turkish economy shrank 13.8 percent in Q1 as trade undergoes sharp contraction

By Associated Press
9:38 AM CDT, June 30, 2009

ANKARA, Turkey (AP) — Turkey's economy shrank by a painful 13.8 percent in the first quarter compared to the same quarter a year ago as foreign trade contracted sharply amid the global recession, the Turkish Statistics Institute announced on Tuesday."

More:Turkish economy shrank 13.8 percent in Q1 as trade undergoes sharp contraction -- chicagotribune.com