'Unprecedented' growth in Turkey economy
The economy in turkey remains healthy and showed growth of 6.8% in the first quarter of the year, according to reports.
This was the record 21st consecutive quarter of growth posted, reports the Today's Zaman.
Figures released by the Turkish Statistics Institute suggest that the first quarter gross domestic product (GDP) in the year rose by 13.8% to $92 billion (£45 billion) in nominal prices.
Moreover, growth rate in the GDP and gross national product (GNP) also increased during the first quarter, the paper reports.
An increase of 6.8% was recorded in the GDP up to YTL 34.2 million (£13 million) and a rise of 6.7% in the GNP up to YTL 33.8 million.
A number of factors are cited for the growth levels, including continued strong foreign demand, the publication added.
The news comes after the new European Union president Jose Socrates stated that he would treat Turkey fairly in its bid to enter the union.
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