Reports say Turkey grows 8.5 percent in 2011
It has been reported that Turkey grew 8.5 percent in 2011 despite global problems.
On the contrary to troubled economies such as Greece and Spain Turkey showwing a consistent development, recorded a growth of 8.5 percent in 2011.
Turkey’s economy expanded by 5.2 percent in the fourth quarter of last year, as gross domestic product growth for the whole of 2011 reached 8.5 percent.
It is said that the political stability in spite of some major conflicts in the country as well as the foreign funds flowing to the stockmarket has been a major factor contributing to this result.
02.04.2012
Editor, BTT
