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Boom Market Turkey: Overheating or an Investment Opportunity?
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: © Vindobona.org
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…
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