CLOSE
Loading...
12° Nicosia,
22 April, 2025
 
Home  /  News

Erdogan slams rating agencies for upgrading 'bankrupt' Greece

Turkish President Recep Tayyip Erdogan took a fresh swipe at rating agencies

Kathimerini Greece Newsroom

Turkish President Recep Tayyip Erdogan took a fresh swipe at rating agencies on Friday over the recent downgraded and the negative outlook they have assigned for the Turkish economy, using “bankrupt” Greece as an example.

"Don't pay attention to them [the rating agencies]. They upgraded a neighbour [of Turkey] that has gone bankrupt by four points. They receive new debts and live with them,” he reportedly told the Turkish Union of Chambers and Commodity Exchanges (TOBB) Conference Hall.

“Excuse me, but we are talking about a country that cannot pay its civil servants. How is this possible? I am talking about Greece", he said.

TAGS
Turkey  |  Erdogan  |  Greece

News: Latest Articles

Photos of Finikoudes Beach by Phillipos Christou and a village in snowy Troodos

From summer hotspot to all-year hub

Pancyprian Hotel Association President urges innovation and perseverance to keep Cyprus competitive in a fast-changing tourism ...
Newsroom
 |  NEWS
Akamas for sale?

Akamas for sale?

Rampant illegal development, political blind spots, and a culture of impunity are threatening Cyprus’s most protected natural ...
Newsroom
 |  NEWS
X