"Turkey Power Report Q2 2013" Published
BMI View: 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, we continue to hold our optimistic view for the power industry's growth potential. Not only do rewards on offer remain highly appealing, particularly when regional prospects are factored in; but recent dynamics highlight that a solution to existing energy-related imbalances...
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