BMI View: BMI sees mounting headwinds facing the Turkish economy, and as a result, this quarter we have pencilled in a downgrade of our consumption and generation forecasts for 2013 and 2014. That said, the country’s power sector remains relatively appealing when compared with its neighbours in the Central and Eastern Europe region. Recent dynamics have highlighted that a solution to existing energy-related imbalances is essential for the country’s wider economy, making reforms and new investments in the power sector a top priority for the country. With our Country Risk experts anticipating that a challenging external financing environment will result …
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