Short News
Monday 01 August 2016
The rating agency Standard & amp; Poor’s (S & P), Turkey has been classified as “high risk” country. Previously, investors were already warned against a “fairly high risk”.
S & P said last month already downgraded the creditworthiness of Turkish government bonds and the view is set to “negative”, indicating further deterioration of the creditworthiness
The new risk assessment is now following on threats. the Turkish government, which had complained loudly about “incorrect decisions” of the international rating agencies. S & P had founded the poorer assessment of the creditworthiness in July with the consequences of the military coup and the polarization in the country
Last week Deputy Prime Minister Mehmet Simsek had announced action against rating agencies.. There is no reason, poor assess the creditworthiness of Turkey.
Source: n-tv.de
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