Davutoglu's likely early exit as party leader and PM constitutes another episode that show that Erdogan's dominance over the AKP and the executive is absolute and unchallenged, in the short term policy paralysis will prevail and then, once a new party leader is elected, a more incisive effort to amend the constitution could ensue.

Wolfango Piccoli

Categorized in : Top News

The move highlights, once again, that credit growth rather than a comprehensive package of structural reforms remains the government's preferred approach to support Turkey's ailing economy.

Wolfango Piccoli

It's a bad night for the AK Party, they have done very poorly in all the economic powerhouses of country. For a party which portrays itself as pro-business, it's a huge issue.

Wolfango Piccoli

At risk are companies that are perceived to be close to opposition forces, or firms whose bosses' public remarks may have antagonised the government.

Wolfango Piccoli

At risk are companies that are perceived to be close to opposition forces, or firms whose bosses' public remarks may have antagonized the government.

Wolfango Piccoli

It's a distinct possibility that there are further episodes of th... by Wolfango Piccoli

It's a distinct possibility that there are further episodes of these 'revenge politics' ahead.

Wolfango Piccoli