Tag: Erdogan

Vanishing profits: Lira rout hits Turkey’s top firms

Financing costs climbed to 89 percent of operating profits - up from…

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Turkey’s Industrial Giants Are Being Squeezed by Financing Costs

(Bloomberg) -- Turkey’s industrial giants are struggling to keep a lid on…

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Turkey asks local banks to buy its bonds; lenders want 10-year paper -sources

ANKARA, May 28 (Reuters) - Turkey’s Treasury has told the country’s top…

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