Turkish Banks Sweat Under Rising Pile of Debt Restructurings – Bloomberg

Turkish Banks Sweat Under Rising Pile of Debt Restructurings
By Ercan Ersoy
and Fercan Yalinkilic
April 8, 2019, 12:00 AM EDT

Queue of companies seeking to renegotiate loans growing longer
Lenders under pressure as economy shrinks, boosting bad debts

More:Turkish Banks Sweat Under Rising Pile of Debt Restructurings – Bloomberg

from Turkish Digest http://bit.ly/2Ig6JDT

About CHP EU Representation

The CHP was founded on 9 September 1923, about one and half month before the proclamation of the Republic of Turkey. The first President of modern Turkey’s oldest party was M. Kemal Atatürk. Today CHP is a social-democratic party, member of the Socialist International and associate member of the Socialist Group at the European Parliament. The scope of the CHP bureau in Brussels is not limited to the bilateral framework of Turkey's EU accession process. Issues such as the information society, energy policies, social development, climate change, international trade and security are among the different focus areas. The EU-Turkey relations are about integration and need multiple, plural and horizontal channels of communication. The CHP supports and promotes Turkey's EU membership process also by being more present and active in Brussels The CHP's Representative to the EU is Ms Kader Sevinç who previously worked as an MEP advisor at the European Parliament and in the private sector.
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