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.
LONDON Feb 7 Structural and fiscal reforms in Greece and the euro area are working but the situation in the debt-laden country remains fragile, partly due to political uncertainty, Greece's central bank chief said on Friday.
"Supported by the ECB's policies and the strengthening of the EU's architecture, that recipe is working," Provopoulos said in a speech. "Political uncertainty, and the risks associated with that uncertainty, could escalate ahead of the European Parliamentary and local Greek elections that will take place in May, undermining the recovery."
"Despite these risks, I am confident that Grecovery is on the way," he said.
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.