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Moody's cut its credit rating for Turkey's outlook from stable to negative
18/03/2017 05:11 | Number of Views: 2 font size: Decrease font Enlarge font
Moody's cut its credit rating for Turkey's outlook from stable to negative
Moody's cut its credit rating for Turkey's outlook from stable to negative
BAGHDAD / Uruk
The rating agency lowered the credit months around the world, "Moody's", the credit outlook for the Turkish economy from "stable" to "negative."
Moody's said in a statement: "The case of the erosion of institutional power in Turkey will continue," declared declining outlook for the Turkish economy from "stable" to "negative" when the temperature rating " Ba1".
The agency added that the weak growth rates, and increased pressure on the budget and external funding, in addition to the significant increase in concerns shock financing and credit of the reasons for the decline outlook for the Turkish economy.
The agency noted that the internal and external physical pressure on the credit file in Turkey as of September / September last until now played an important role in reducing the credit outlook for the economy.
As for the investment in Turkey, it was the agency has downgraded Turkey degree of investment potential to a degree below that level in the 24 last September.
http://uruknews.net/index.php/%D8%A7%D9%84%D8%A7%D9%82%D8%AA%D8%B5%D8%A7%D8%AF%D9%8A%D8%A9/12743.html
18/03/2017 05:11 | Number of Views: 2 font size: Decrease font Enlarge font
Moody's cut its credit rating for Turkey's outlook from stable to negative
Moody's cut its credit rating for Turkey's outlook from stable to negative
BAGHDAD / Uruk
The rating agency lowered the credit months around the world, "Moody's", the credit outlook for the Turkish economy from "stable" to "negative."
Moody's said in a statement: "The case of the erosion of institutional power in Turkey will continue," declared declining outlook for the Turkish economy from "stable" to "negative" when the temperature rating " Ba1".
The agency added that the weak growth rates, and increased pressure on the budget and external funding, in addition to the significant increase in concerns shock financing and credit of the reasons for the decline outlook for the Turkish economy.
The agency noted that the internal and external physical pressure on the credit file in Turkey as of September / September last until now played an important role in reducing the credit outlook for the economy.
As for the investment in Turkey, it was the agency has downgraded Turkey degree of investment potential to a degree below that level in the 24 last September.
http://uruknews.net/index.php/%D8%A7%D9%84%D8%A7%D9%82%D8%AA%D8%B5%D8%A7%D8%AF%D9%8A%D8%A9/12743.html
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