It looks like Turkey may be joining Greece as its current account deficit surges. Is Turkey's Tiger economy losing its growl. Will financial pressure force it to loosen its grip on Cyprus?
Current account deficit skyrockets 300 percent
12 November 2010, Friday / Today's Zaman, Ankara
The current account deficit (CAD), often pointed to as the most perilous hazard in the health of the Turkish economy, has deteriorated even further in September by surging 300.3 percent over the same month of the previous year, to $4.08 billion from $1.02 billion
http://www.todayszaman.com/news-226974- ... rcent.html
Once more we live in hope.
(in view of some of today's exchanges I can anticipate some replies, so don't bother)