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Thursday, January 12, 2012

Turkey boom dampened by Europe's troubles - CNN.com

Turkey boom dampened by Europe's troubles
From Richard Quest, CNN
January 12, 2012 -- Updated 1846 GMT (0246 HKT)

(CNN) -- Turkey's capital Istanbul, the city where east meets west, is seen as a potentially pivotal center for relations between Europe and Asia.

Now Turkey, once home of the Ottoman Empire -- one of the most powerful empires in the world before its demise in the 1920s -- is on the rise again, with its economy proving to be one of the strongest in the European region.

More:Turkey boom dampened by Europe's troubles - CNN.com