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Thursday, July 31, 2014

Turkey at the tipping point? - FTSE Global Markets

Turkey at the tipping point?
Thursday, 31 July 2014

Upcoming elections in Turkey (the first round is scheduled for August 10th) will likely see current premier Recep Tayyip Erdoğan (who has led the country as premier for the last 12 years) assume the presidency. What might happen once he takes on the presidential mantle? No one in the country will go on the record in commenting on the election and its possible aftermath. It is certainly a tipping point in the country’s outlook.

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