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Regulator tries to curb Turkey's soaring credit card debt

15 December 2013 Last updated at 20:42 GMT

Spending on credit has become a problem for many countries - and it's becoming a big headache for Turkey.

Credit card lending there has almost doubled since 2010 - with many struggling to keep up their payments.

The country's banking watchdog has just launched a raft of measures to curb the problem - but will they work?

Howard Johnson reports from Istanbul.

Watch: Middle East Business Report