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Boom Market Turkey: Overheating or an Investment Opportunity?

Published: February 11, 2013; 12:18 · (Vindobona)

Erste Group: “A Positive Outlook on the Bosporus”. This year, Turkey´s expected GDP growth comes at 4%.

Boom Market Turkey: Overheating or an Investment Opportunity? / Picture: © Flickr

Economic development in Turkey continues to advance by leaps and bounds. After economic growth of 2.5% was recorded last year, Erste Group analysts anticipate approximately 4% growth this year. Compared to the euro zone, where 0.1% are currently expected, this is an enormous lead. Growth in Turkey will once again be strongly shaped by domestic demand, as not much is to be expected from…

This article includes a total of 553 words.

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