Wednesday, June 6, 2007

Turkey's Rating Hinges on Dispute Between Government, Army, Moody's Says

(Bloomberg) -- Turkey's credit rating hinges on
resolving a dispute between the army and government that has
forced early elections and delayed the nomination of the
country's next president, Moody's Investors Service said.

Finding a president who's acceptable to the army as well as
politicians could help Turkey get a rating upgrade, Moody's
analyst Kristen Lindow said in an interview in Istanbul today.


Read more at Bloomberg Emerging Markets News

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