Moody’s releases statement on Turkey and presidential elections
by Daily Sabah
ISTANBULAug 15, 2014 - 12:00 am GMT+3
by Daily Sabah
Aug 15, 2014 12:00 am
Moody's, a renowned credit rating agency has recently made a statement regarding the presidential elections in Turkey. Moody's stated that the recent presidential elections will not change basic economic and institutional conditions of Turkey. Furthermore, the grade of Turkey will not be clarified until the new Prime Minister is appointed and AK Party's internal dynamics are determined. The credit rating agency said the growth rate this year is expected to remain at 3%.
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