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Italian translation: l'accoglimento della richiesta di chiusura
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English to Italian translations [PRO] Bus/Financial - Finance (general)
English term or phrase:closure petition
Turkey, Ukraine, Kazakhstan and Serbia are currently considered among the riskiest countries in the CEE region, when looking at the current level of credit default spreads. However, only Turkish CDS spreads had a significant deterioration during the month of March. Turkey is suffering not only from the global environment, but also from local issues, especially regarding the domestic political landscape (see the article on Turkey in the current biweekly). Indeed, the ruling AKP party closure petition by the Constitutional Court members can lead to months of political uncertainty and derailing the speed of reforms.