As Erdogan Cements His Hold Over Turkey’s Economy, Global Investors Begin to Panic
by Don Quijones • Jul 11, 2018 • 21 Comments
Two big European banks, Italy’s Unicredit and Spain’s BBVA, will be following current events in Turkey extremely closely. The two lenders have the biggest exposure to the country, which is one of the world’s fastest growing emerging economies. But investing there is an increasingly risk business.
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