UP

Turkish economy stronger than before coup attempt

Home page World
12 Punto 14 Punto 16 Punto 18 Punto
Turkish economy stronger than before coup attempt

Turkey and its economy are stronger than before a recent deadly coup attempt, Prime Minister Binali Yildirim said late Monday, Anadolu reported.

"Our economy is still as steady as a rock. There were not even a minor economic shock. But, this situation disturbed some sides," Yildirim said during a teleconference in Ankara.

Those unnerved included Standard and Poor's, that decided to cut Turkey’s rating. That decision depicts the company’s “bias”, Yildirim said. "They downgraded Turkey's rate. Let it be, let them drop Turkey's rating. But we do not stand still with the help of their rate.

"Our democracy and state of law is also stronger than before the attempted coup," he added.

The U.S-based international rating agency downgraded Turkey's main sovereign rating from BB+/B to BB/B on July 20, in the wake of the July 15 coup attempt, to little effect.

Fellow international ratings agency Moody’s said July 18 it was reviewing Turkey's credit rating.

Turkey's government has said the deadly overthrow attempt that martyred more than 230 people and injured nearly 2,200 others was organized by followers of FETO leader Fetullah Gulen.

The US-based cleric is also accused of running a long-running campaign to overthrow the state through the infiltration of Turkish institutions, particularly the military, police, and judiciary, forming what is commonly known as the parallel state.

Date
2016.08.02 / 09:00
Author
Axar.az
See also

Qarabag targets Bulgarian striker

Zelensky cites Maduro operation as a message to Putin

Zelensky seeks long-term security guarantees from US

Kabaeva asks Putin to relocate after drone attack

US seizes Russian oil tanker - Photo

US attempts to seize Russian tanker - Photo

Syrian army begins shelling SDF targets in Aleppo

Erdogan highlights aggressive fight over energy and trade

Russia sends submarine to escort tanker US tried to seize

Helicopter crash kills two in Russia - Video

Latest
Xocalı soyqırımı — 1992-ci il Bağla
Bize yazin Bağla
ArxivBağla