Wednesday, July 09, 2014

Turkish economy outlook uncertain for second half of 2014 - Economy - ANSAMed.it

Turkish economy outlook uncertain for second half of 2014
Ice analysis urges investor caution

09 July, 18:48

(ANSAmed) - ISTANBUL, JULY 9 - The outlook for Turkey's economy in the second half of the year is not as positive as that for the first half, due to a slowdown in the country's growth and the global economic situation. The Istanbul office of the Italian Trade Commission (Ice) said on Wednesday that market conditions make it unlikely that yield levels will be as high as they were in the first half of 2014, urging investor caution. Ice noted that in the first half of the year the financial markets of developed countries grew by 5%, while those in developing countries saw 4.8% growth.

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