Tuesday, November 29, 2016

Bankers fret as Erdogan increases pressure to keep Turkish voters spending

Bankers fret as Erdogan increases pressure to keep Turkish voters spending

by: Mehul Srivastava and Jonathan Wheatley

Turkey’s economy is youthful, growing, modern and diverse. But above all, it survives on leverage, engorged with the foreign debt that flows through its corporate sector.

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