Turkish Economy collapse - 13,5% next year

[GVK369]

Turkish recession, after falling down - 5,1% in 2009, will collapse next year (2010) with un unprecedented crash of - 13,5%, according to the latest Economic data.

To avoid a krach, Turkey eyes even more IMF loans, despite a record-high foreign Debt...

But IMF reportedly asks Ankara effective measures to curb corruption, particularly on local administration level, without success.