Bridge Tender Collapses as Cash Crunch Reaches Turkey
Written by David Rosenberg
Published Wednesday, January 11, 2012
Bidders skeptical they could finance, in omen of challenges to come for economy
In a sign of how the unfolding global finance crisis is putting the country’s miracle economy at risk, Turkey was forced this week to rescind a tender for a marquee highway project that would have spanned the Bosporus Strait between Europe and Asia with a third bridge.
More:The Media Line
