Turkey will grow more than Europe and United States in 2012

Organization for Economic Cooperation and Development (OECD) announced that Turkey will grow 3 percent in 2012 at a rate higher than Europe and the United States.


The report states that while the  three major EU countries such as Germany, France and Italy might have a mild recession predicted , only 0.2 percent economic growth is estimated for Euro Zone. The OECD states in the report that the European Central Bank needs to take a more active role in eliminating the crisis and the strengthening of the euro rescue fund.
The report of economic growth forecast for the United States in 2012  has been revised from 3.1 percent to 2 percent.