Import and exports from Turkey with EU are in USD... so they are in a world of hurt. It does mean foreign capex goes further in Turkey if there is a fire sale on the horizon. Need to consider what lies beyond the fall out. It doesn't mean there aren't still opportunities in Turkey and it's not the only iron in the fire. Publicly ridiculing directors only undermines confidence. Especially while negotiations are in play.
GSL Price at posting:
17.0¢ Sentiment: Buy Disclosure: Held
