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EBRD head urges Turkey to carry on inflation fight, eyes power project?

BY Reuters | ECONOMIC | 08:21 AM EST

ISTANBUL, March 5 (Reuters) - The head of the European Bank for Reconstruction and Development told Reuters on Thursday that Turkey must "stay on course" in its inflation fight, and she applauded steps taken by the central bank this week to address market fallout from war in the Middle East.

Odile Renaud-Basso, the EBRD's president, said the bank's investment in Turkey will remain "very high" this year, and that it was looking into potentially funding a big-ticket high voltage electricity transmission system that Ankara plans over the coming decade. (Reporting by Jonathan Spicer; Editing by Toby Chopra)

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