10/23/2009

EBRD revises 2010 growth rate projection for Turkey up to 3 percent

AA – The European Bank for Reconstruction and Development (EBRD) has revised its 2010 growth rate projection for the Turkish economy up to three percent. EBRD, which revised down the 2009 economic forecasts for central and eastern European countries, expects fragile recovery in 2010. EBRD projects a growth rate of three percent for Turkey - 0.5 percent above the average growth rate projected for all transition countries.