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2021 External Debt Financing Seen at ~$215bn; Tax Haven Blacklisting Avoided

TURKEY

LOCAL NEWS

  • 12-month forward-looking external debt payments currently total $170bn.
  • Along with the projected current account deficit, Turley's external financing needs will among to ~215bn in 2021
  • Turkey escapes EU tax haven blacklisting in yesterday's judgement, with the EU citing progress made on tax cooperation.
  • German MEP Giegold complained saying this was weakness on the EU's part
  • 1030GMT Erdogan attends AKP provincial congress, 1230GMT Erdogan Chairs Cabinet Meeting in Ankara
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com

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