MIDEAST STOCKS - Factors to watch - Sept 25
Sept 25 Here are some factors that may affect Middle East stock markets on Sunday. Reuters has not verified the press reports and does not vouch for their accuracy.
BERLIN Nov 27 Finance Minister Wolfgang Schaeuble said on Tuesday he had asked German lawmakers to give their approval this week to the release of delayed Greek aid tranches after euro zone finance ministers reached a deal overnight on Greek debt sustainability.
"We need parliamentary approval in a bunch of member states including Germany and we'll send a bill to the Bundestag (lower house) for approval," he told reporters. "I asked for this to happen this week if possible but I can't say exactly what the schedule of the Bundestag will be."
Lawmakers from Chancellor Angela Merkel's coalition and the opposition Social Democrats and Greens said they would back it, despite suspicions that a debt write-down had just been delayed until after German elections in September 2013.
ISTANBUL, Sept 24 Ratings agency Moody's cut Turkey's sovereign credit rating to "junk," citing worries about the rule of law after an attempted coup and risks from a slowing economy, in a move that could deter billions of dollars of investment.
ISTANBUL, Sept 24 Credit ratings agency Moody's Investor Service has downgraded Turkey's sovereign credit rating to non-investment grade citing worries about the rule of law following an attempted coup, risks from external financing and a slowing economy.