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Never forget commercial paper. I almost did.
Exclusive: Development bank EBRD has stress-tested for 40 percent lira crash
One of Turkey's biggest multilateral investors, the European Bank for Reconstruction and Development, has passed internal stress tests for a 40 percent drop by the lira, sources told Reuters, but the currency has weakened more than that this year.
[...]
It often works alongside Turkish banks, all of which have seen their share prices and bonds hammered by the collapse of the lira in recent weeks.
Hurriyet | Turkey's external debt stock reaches $466.7 billion in first quarter
Turkey's gross external debt stock stood at $466.67 billion, more than half of its gross domestic product (GDP) - 52.9 percent - at the end of March 2018, the Treasury announced on June 29.
[RANDOM FUND INTELLIGENCE] | Debt Service Ratio: Private Non-F­­inancial Sector
[CIRCLING VULTURE PROMO | 'What happens in Turkey won't stay in Turkey': Why this debt crisis could be different

reference
Turkey | Ministry of Treasury and Finance | Debt Indicators 31 July 2018
includes EU comparative debt:GDP
EC |  Customs Union agreement


Diversity is the key to economic and political evolution.

by Cat on Wed Aug 15th, 2018 at 12:53:23 AM EST
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