| http://www.w3.org/ns/prov#value | - The measures were a response to the rapid contraction of the economy in the first quarter, which shrank by 13.8% year-on-year, as exports plummeted by 30% and domestic demand also fell sharply. ??Turkey was one of the worst hit economies by the credit crunch in the first quarter, according to GDP figures,?? says Mahmut Kaya, chief economist at Garanti Securities.
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