He was recruited to the economy ministry from the World Bank in Washington 18 months ago to pull Turkey out of a financial abyss.

ECONOMIST: Charlemagne

In part, this will be to check on any monitoring equipment installed before the inspectors were forced to pull out four years ago, and in part to ease their way back into the job.

ECONOMIST: The inspections begin

The level of pessimism continues to pull back from the 2011 high recorded two weeks ago.

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