As a specific reason for calling Moody’s, the increased risk for foreign investment and a decline in creditworthiness by a slower economic growth. Would also make the country very dependent on external funding.
in The opinion of Moody’s was lowered from Baa3 to Ba1, which Fitch now the only major rating agency that investments in Turkey worth.
Before they decide to have money in an economy to pump up demand many of the large international investment funds, a positive assessment of at least two of the three largest credit rating agencies: Moody’s, Fitch and Standard & Poor’s (S&P).
Moody’s maintains a stable outlook for Turkey. Despite the financial risks, remains the Turkish economy is large and flexible, and grows the economy.
The Turkish prime minister Binali Yildirim called on Saturday, in the opinion of the rating agency “highly biased”. Yildirim said that this partisan analyses “are intended to promote a particular image of the Turkish economy to create”.
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