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Turkey In the News: Growth forecast to outpace Eastern Europe

Posted on 14 February 2011

Date: 02/02/2011
Turkey In the News: Growth forecast to outpace Eastern Europe

EBRD – European Bank for Reconstruction and Development – believes Turkey’s economic growth will continue though 2011.

Reporting on Turkey EBRD said “The strong growth observed in 2010 is likely to continue in 2011,” and continues “Although Eastern European countries have entered a course of recovery, their growth rates are expected to be lower than that of Turkey.” EBRD believes Turkey will grow by 4.5 percent whereas the 29 EBRD countries’ average growth is around 4.2 percent.

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