The EU Commission stated in the report that Turkey has not experienced a financial crisis due to reforms in the banking and finance sector, despite the global economic downturn.
The report says further that Turkey has successfully implemented a strong stability program in the past few years, and its economy gained elasticity due to structural reforms in the key sectors like privatization, education and energy.
Turkey succeeded in returning its external debt, while becoming less dependent on the foreign market and diversifying its trade.
Turkey's capital efficiency ratio in the finance sector remained at a strong level with 18 percent in the mid of 2009, even higher than the bloc's legal limit of 12 percent.
TRT