Moody’s hits Turkey with downgrade to all-time lowest rating in unscheduled move
Turkey’s Moody’s grade is at its lowest level since the country received its first rating from the agency at the beginning of the 1990s. (Chart by @e507)
By Akin Nazli in Belgrade September 12, 2020
Moody’s Investors Service has downgraded its rating on Turkey by one notch to B2, taking it to five notches below investment grade, while maintaining the Negative outlook, the rating agency said on September 11 in an unscheduled rating action.
More:bne IntelliNews – Moody’s hits Turkey with downgrade to all-time lowest rating in unscheduled move
from Turkish Digest https://ift.tt/35vYkaR
About CHP EU Representation
The CHP was founded on 9 September 1923, about one and half month before the proclamation of the Republic of Turkey. The first President of modern Turkey’s oldest party was M. Kemal Atatürk. Today CHP is a social-democratic party, member of the Socialist International and associate member of the Socialist Group at the European Parliament. The scope of the CHP bureau in Brussels is not limited to the bilateral framework of Turkey's EU accession process. Issues such as the information society, energy policies, social development, climate change, international trade and security are among the different focus areas. The EU-Turkey relations are about integration and need multiple, plural and horizontal channels of communication. The CHP supports and promotes Turkey's EU membership process also by being more present and active in Brussels The CHP's Representative to the EU is Ms Kader Sevinç who previously worked as an MEP advisor at the European Parliament and in the private sector.
This entry was posted in Feedblitz
and tagged Turkish Digest
. Bookmark the permalink