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TUSIAD Turkey Letter: 15 June 2015

 

Domestic Politics

  • Top bosses to meet political party leaders in Ankara
  • Erdogan Urges Cooperation in Forming New Turkish Government
  • CHP pushes for coalition gov’t without AKP
  • Postelection High in Turkey’s Kurdish Regions Fades Amid Violence

Foreign Policy

  • Turkey urges Europe for help with refugee influx
  • European Parliament voices concerns over democracy and fundamental rights in Turkey
  • Turkey to deploy troops in Qatar in line with military deal

 Economy and Energy

  • Turkey’s unemployment rate rises to 10.6 percent
  • A political risk wave on top of economic risks

Domestic Politics

 

Top bosses to meet political party leaders in Ankara

Board members of Turkey’s top business organization, the Turkish Industry and Business Association (TÜSİAD), will meet the heads of leading political parties on June 16-17 under the leadership of TÜSİAD head Cansen Başaran-Symes.

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Hurriyet Daily News, June 15, 2015, Top bosses to meet political party leaders in Ankara, http://www.hurriyetdailynews.com/top-bosses-to-meet-political-party-leaders-in-ankara-.aspx?pageID=238&nID=84006&NewsCatID=344

 

Erdogan Urges Cooperation in Forming New Turkish Government

“Egos should be set aside, and a government should be formed as soon as possible,” Mr. Erdogan told the audience, and the television cameras, at a graduation ceremony in Ankara, the capital.  His comments were uncharacteristically conciliatory, and like the one short statement his office released after the election, they were respectful of the democratic process.

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New York Times, June 11, 2015, Erdogan Urges Cooperation in Forming New Turkish Government, http://www.nytimes.com/2015/06/12/world/europe/erdogan-urges-cooperation-in-forming-new-turkish-government.html?ref=todayspaper&_r=0

 

CHP pushes for coalition gov’t without AKP

Republican People’s Party (CHP) head Kemal Kılıçdaroğlu has outlined his party’s hopes of forming a coalition that would reflect the desires of “the 60 percent bloc,” effectively ruling out any governing alliance with the Justice and Development Party (AKP).

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Hurriyet Daily News, June 15, 2015, CHP pushes for coalition gov’t without AKP, http://www.hurriyetdailynews.com/chp-pushes-for-coalition-govt-without-akp.aspx?pageID=238&nID=83993&NewsCatID=338

 

Postelection High in Turkey’s Kurdish Regions Fades Amid Violence

A pro-Kurdish party came out of Sunday’s national election as a big winner, drawing broad-enough support to secure a record 13% of the vote and to enter parliament for the first time.  But the celebratory mood in Kurdish-dominated cities has turned to worry amid an outbreak of street violence that threatens to undermine security in southeastern Turkey as well as efforts to end the region’s three-decade Kurdish insurgency.

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Wall Street Journal, June 10, 2015, Postelection High in Turkey’s Kurdish Regions Fades Amid Violence, http://www.wsj.com/articles/post-election-high-in-turkeys-kurdish-regions-fades-amid-violence-1433966144

 

Foreign Policy

 

Turkey urges Europe for help with refugee influx

Turkish Foreign Minister Mevlüt Çavuşoğlu hosted an ad hoc meeting of the Parliamentary Assembly of the Council of Europe (PACE) on the large-scale arrival of refugees from Syria to Turkey on late June 14.

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Hurriyet Daily News, June 15, 2015, Turkey urges Europe for help with refugee influx, http://www.hurriyetdailynews.com/turkey-urges-europe-for-help-with-refugee-influx—–.aspx?pageID=238&nID=83990&NewsCatID=510

 

European Parliament voices concerns over democracy and fundamental rights in Turkey

Turkey must put its reform process at the center of domestic policy choices and commit “unequivocally” to democratic rules and principles, which are at the heart of the EU, the European Parliament said in a resolution on the 2014 reform progress in Turkey.

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Hurriyet Daily News, June 10, 2015, European Parliament voices concerns over democracy and fundamental rights in Turkey, http://www.hurriyetdailynews.com/european-parliament-voices-concerns-over-democracy-and-fundamental-rights-in-turkey.aspx?pageID=238&nID=83772&NewsCatID=510

 

Turkey to deploy troops in Qatar in line with military deal

A comprehensive military and defense industry agreement between Turkey and Qatar will enable the former to deploy troops in Qatari territories for joint drills and training purposes, in a bid to further intensify the partnership between the two countries.

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Hurriyet Daily News, June 09, 2015, Turkey to deploy troops in Qatar in line with military deal,  http://www.hurriyetdailynews.com/turkey-to-deploy-troops-in-qatar-in-line-with-military-deal.aspx?pageID=238&nID=83677&NewsCatID=510

 

 

Economy and Energy

 

Turkey’s unemployment rate rises to 10.6 percent

Turkey’s unemployment rate rose to 10.6 percent in the three months starting in February, 0.9 percentage points higher than in the same period of last year, according to data released by the Turkish Statistical Institute (TÜİK) on June 15.

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Hurriyet Daily News, June 15, 2015, Turkey’s unemployment rate rises to 10.6 percent, http://www.hurriyetdailynews.com/turkeys-unemployment-rate-rises-to-106-percent.aspx?pageID=238&nID=83988&NewsCatID=344

 

A political risk wave on top of economic risks

After 13 years of single-party rule, Turkey now faces a coalition government. It may take months for a coalition to be formed and to obtain vote of confidence from parliament, so actors in economy are very concerned – particularly about the option of an early election.

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Hurriyet Daily News, June 15, 2015, A political risk wave on top of economic risks, http://www.hurriyetdailynews.com/a-political-risk-wave-on-top-of-economic-risks.aspx?pageID=238&nID=83967&NewsCatID=344