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Monday, 9 July 2007


Turkish Economic Growth Accelerated in First Quarter

Bloomberg: Turkey's economic growth accelerated in the first three months as record exports to the European Union and increased government spending drove the 21st consecutive quarter of expansion. Gross domestic product in the EU candidate expanded an annual 6.8 percent, compared with 5.2 percent in the previous three months, the state statistics office in Ankara said today. The economy had been expected to grow by 5.8 percent, according to the median estimate of 10 economists surveyed by Bloomberg. Read more...

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