Turkey protests a trigger for economic downturn?

2013-06-04 29

Turkey's fast growing economy has been the toast of the financial world, there was a recent vote of confidence with a credit rating upgrade from the agency Moody's as shares rose.

But even before the protests, questions were being asked about how Ankara would repay its borrowings - at six percent of GDP - and the currency - the lira - was weakening.

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