Thursday, April 30, 2015

Lira Plunge Scuppers Asset Sales in Threat to Turkey Financing - Bloomberg Business

Lira Plunge Scuppers Asset Sales in Threat to Turkey Financing

Finance Minister Mehmet Simsek boasted in October that Turkey’s privatization agency was so effective it was working itself out of a job. Six months on, its position looks safe: sales of state assets are collapsing.

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