Turkey headed for a runoff vote after President Tayyip Erdogan led over his opposition rival Kemal Kilicdaroglu in Sunday’s election but fell short of an outright majority to extend his 20-year rule of the NATO-member country. | Reuters
But Erdogan performed better than pre-election polls had predicted, and he appeared in a confident and combative mood as he addressed his supporters.
Thousands of Erdogan voters converged on the party’s headquarters in Ankara, blasting party songs from loudspeakers and waving flags. Some danced in the street. “The next two weeks will probably be the longest two weeks in Turkey’s history and a lot will happen. I would expect a significant crash in the Istanbul stock exchange and lots of fluctuations in the currency,” said Hakan Akbas, managing director of Strategic Advisory Services, a consultancy.
The opposition said Erdogan’s party was delaying full results from emerging by lodging objections, while authorities were publishing results in an order that artificially boosted Erdogan’s tally. A victory for Erdogan, one of President Vladimir Putin’s most important allies, will likely cheer the Kremlin but unnerve the Biden administration, as well as many European and Middle Eastern leaders who had troubled relations with Erdogan.
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