ISTANBUL Aug 15 Tayyip Erdogan's victory in
Turkey's presidential election does not resolve the country's
credit challenges and political uncertainty will remain until at
least the conclusion of parliamentary elections next year,
Moody's said on Friday.
The ratings agency said the credit implications of Sunday's
presidential election would not be clear until a new prime
minister is appointed in late August and general elections,
which are due by next June, have been held.
"Until the political landscape reaches some stability, the
country's structural reform agenda is likely to suffer, leaving
Turkey exposed to potential shifts in international market
sentiment," Alpona Banerji, vice president and senior analyst at
Moody's, said in a note.
(Reporting by Ece Toksabay; Editing by Nick Tattersall)