Local election in Turkey is slippery for Erdogans AKP

turkey erdogan


Turkish President Recep Tayyip Erdogan saw his party lose control of Ankara Sunday. erdogan backed candidate nihat zeybecki lost in izmir to national alliance candidate mustafa tunc soyer. 3 percent stronger against the dollar as of 3. in Istanbul after earlier dropping more than 2 percent. Early results showed the opposition winning the capital Ankara and taking control of Mediterranean coastal cities from Erdogans alliance. Erdogans comments on the reform process and free market principles were market friendly an economist at Nomura International Plc in London. said the drawdown was unsustainable and recommended investors sell the lira. The results of the local elections are more than a piece of cake for Turkish President and AKP Chairman Tayyip Erdogan. The dominance of the ruling party is thus limited only to the conservative Central Anatolia. The local elections have a meaning for the whole country for two reasons

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