Debate over widening Current Account deficit has intensified subsequent to announcement of July BOP data with differing views on the part of rating agencies (Fitch decision from stable to positive whereas Moody’s alarming comments). The markets are more and more focusing on the EU accession report expected to be released 1st week of October while positive expectation are building up encouraged by EU Enlargement Commissioner Guenter Verheugen’s comments and visit to Turkey. State Minister’s recent comments on a new IMF standby is also another factor keeping the market calm.
The Turkish Bulletin – January 9, 2004 – Acrobat Document : 84,3 Ko
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