Political instability hit Turkey's economy hard. However, the fall in the value of the Turkish currency, the Lira, has actually acted as a stimulus to consumer spending. Now the country's economy is climbing once again.
The word's third-largest economy has grown by a much stronger rate than expected by analysts, fresh figures from the government have shown. The expansion came on the back of stronger domestic demand.
In the second quarter of 2017, the German economy grew slightly less than expected by economists as slowing trade dampened an overall expansion which was driven by strong household spending and rising state expenditure.
The Turkish economy is recovering faster than expected by most analysts, fresh data have revealed. The finance ministry says growth is bound to continue on the back of tax reductions and other incentives.
As President Recep Tayyip Erdoğan observes his party’s 16th anniversary, Turkish and international observers question the impact ongoing purges will have on its reformist legacy. Diego Cupolo reports from Ankara.
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