Zero margin for mistakes

After falling out with the US over access to Iraq, Turkey is regaining favour with the west as its economy revives. Its long-term goal is EU membership, but how far away does that target remain?

Turkey is the world’s fastest growing economy after China

TURKEY IS THE world’s fastest-growing economy after China. In the first quarter of this year GDP grew by 8.1%. The central bank’s survey of business opinion and manufacturing data has indicated that the pace is continuing and that a figure close to the government target of 5% GNP growth for the full year is assured.

In addition, inflation is falling, unemployment is on the wane and exports are rising.