ISTANBUL
International credit rating agency Fitch's senior analyst Ed Parker said that Turkey's current account deficit was going down.
Speaking at a press conference on Turkey's credit note in Istanbul, Parker stressed that "as Turkey's current account deficit dropped and economic imbalances were eradicated, economic and financial risks also went down in the country in the short term".
"We can not say that Turkey eliminated macro economic imbalances. However, we can state that Turkey is now out of the dangerous zone," Parker said.
