RaboResearch - Economic Research

Country Report

Turkey (Country update)

Slower growth in the second quarter helped calm the economy, thereby reducing the risk of overheating the Turkish economy. Another concern is that the domestic credit growth rate is expected to reach roughly 35% in 2011 (from 27% in 2010).

Country Report

Turkey (Country report)

The sudden contraction of the economy in 2009 was followed by a rapid recovery in 2010. Although the economy of Turkey is known for its flexibility, the risk of overheating has moved to the forefront.