"TURKEY: SUIT TO BAN GOVERNING PARTY THREATENS TO PLUNGE THE COUNTRY INTO CRISIS
Yigal Schleifer 3/28/08
Turkey is teetering on the brink of a constitutional crisis, as the nation’s highest court grapples with a motion to shut down the governing party. The Constitutional Court is now expected to consider the case on March 31.
If the high court decides that the case can go forward, experts predict newfound political and economic stability in Turkey would quickly crumble. The suit has already further undermined the country’s troubled bid for European Union membership. [For background see the Eurasia Insight archive]. Turkey’s currency, the lira, hit a seven-month low on March 28, amid the suit’s uncertain outcome."
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