9/25/2009

Turkey forecasts 3.5 percent growth in 2010

AA- Turkey's State Minister and Deputy Prime Minister Ali Babacan said on Thursday that Turkey forecasts a growth rate of 3.5 percent in 2010, despite the fact that growth in the European Union (EU) will be zero. "The world has entered a recovery process, and Turkey has entered into a financial discipline era", Babacan said in a televised interview. Babacan said increasing the resources of the financial sector is the government's main principle, adding that Turkey is a country envied for many reasons and will become a country that could be taken as a model in its region and in Europe.