International credit rating agency Moody’s published a ‘Credit Opinion’ report for Turkey.
“Our credit view reflects economic strength and moderate debt against the erosion of corporate and governance power, which will take time to recover even in a positive scenario,” the report, shared only with subscribers, said.
Moody’s announced last Friday that no evaluation was made regarding Turkey’s credit rating. Moody’s currently evaluates Turkey’s credit rating as “B3” and its rating outlook as “stable”.
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