New Market Study Published: Turkey Power Report Q3 2013
Our view on Turkey remains largely unchanged this quarter, with a number of developments across segment reinforcing our optimistic outlook for the power industry's growth potential. Despite the fact that several of Turkey's economic challenges - including a significant current account deficit, high cost of credit and high reliance on short-term capital flows to finance the current account deficit - constitute pertinent downside risks, rewards on offer remain highly appealing, particularly when regional prospects are factored in. Recent dynamics have...
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