IFF's Anderson lauds Turkey's "stunning" economy

In Istanbul yesterday, Jeff Anderson, head of the Institute of International Finance's (IIF) European Department, lauded Turkey's "stunning" economic growth. Speaking as a guest of Garanti Private Banking about Turkey's economic performance in recent years, Anderson said Turkey has a significant gross domestic product growth rate, adding that he foresees double-digit growth for the first quarter of 2011. Stating that inflation is also low, Anderson said Turkey is among the world's top developing markets.