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Turkey's Energy Fund falters as operational turnaround urgency grows

Turkey's Energy Fund falters as operational turnaround urgency grows

Restructuring Middle East & North Africa Non-Performing Loans Emerging Markets Distressed Debt Bonds & Loans Government Energy, Mining & Utilities Turkey

With few signs that a financial fix for Turkey’s debt-laden energy sector – proposed by the government earlier this year – is any closer to materialising, concern is mounting that not enough is being done to achieve an urgently needed operational turnaround in the industry, several market participants told Debtwire.

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