European agencies lose patience with Turkish project shortfalls
Issue 154
- 09 Jan 2009
| 1 minute read
In a landmark move which should not go unnoticed by African project sponsors, three major European export credit agencies have withdrawn their cover at least temporarily from the Ilisu dam in south-eastern Turkey, arguing that Ankara had failed to stick to a wide range of promises to protect the inhabitants, environment and cultural heritage in the region.
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