Tuesday, December 13, 2011

Turkey’s Faster-Than-Expected 8.2% Growth Defies Basci: Economy - Businessweek

Turkey’s Faster-Than-Expected 8.2% Growth Defies Basci: Economy
December 13, 2011, 4:07 AM EST

By Steve Bryant and Mark Bentley

Dec. 12 (Bloomberg) -- Turkey’s economy expanded a faster- than-expected 8.2 percent in the third quarter, while the 12- month current-account deficit climbed to a record, defying central-bank attempts to engineer a slowdown and narrow the gap.

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