December 05, 2023, 11:17:52 PM *
Welcome, Guest. Please login or register.

Login with username, password and session length
French German Italian Dutch Spanish Portuguese Korean Chinese Simplified Japanese Greek Arabic Russian
News: European NEWS at : * European DEBATES at :
   Home   Help Search Login Register  
Pages: [1]
Author Topic: IMF warns Turkey for Recession ! -Big CA Deficit, 9% Inflation, 10% Unemployment  (Read 3730 times)
Offline Offline

Posts: 49

View Profile
« on: December 24, 2013, 01:39:00 AM »

IMF warned Turkey that Recession is looming, particularly if its huge Deficit in the Current Accounts persists to grow in Worrying proportions, after reaching already - 7,4 % for 2013.

Thus, a bumpy Crash would be inevitable "in case of an abrupt Delay or Stop of Foreign Capital influx", while Inflation jumped up to more than +8,8% recently, during this year..

But, meanwhile, Unemployment in Turkey has already Reached around + 10 %...
« Last Edit: December 24, 2013, 01:46:53 AM by Breadman » Logged
Pages: [1]
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.21 | SMF © 2015, Simple Machines Valid XHTML 1.0! Valid CSS!