Moody's | SETA

Discrediting the Rating Oligapoly

Whatever the rating decisions on Turkey, it is essential that, as the next president of the G-20, Turkey brings the issue of the objectivity of rating agencies onto the global agenda.

Is MOODY's not in the Mood?

Moody's criteria in rating countries mainly include political stability, growth potential, debt dynamics and economic stability. Based on these factors, there seems to be no excuse for not upgrading Turkey to the fit-forinvestment level long before 2013.