Growth prospects over coming years are positive, Moody’s says
Moody’s
Moody's warned investors of a balance of payments crisis
The negative outlooks reflect the downside risks associated with a balance of payments crisis, which could lead to capital controls and restrictions on foreign currency outflows
Turkey’s standing with investors has suffered as Erdogan pursued an approach that prioritized growth above all else
Moody’s placed Turkey as one of the least able to overcome the shock caused by the pandemic
The International Rating Agency lauds fast moves by the new government
The agency said Greece's ratings outlook remains positive & a further upgrade could follow
The report also speaks of a positive outlook for the Greek economy
A cause for concern?