Reuters: Erdogan survived first test but is at risk

The elections held in Türkiye made headlines in the world press. Britain’s Reuters news agency, which closely follows the process, included comments from political analysts and economists on the results in its story headlined “Erdogan survived first test but is at risk” as Turkey advances to second round.

Economist Tim Ash commented that the uncertain outlook that emerged from the election was “probably the worst outcome for markets”, saying there should be a change as Erdogan’s economic policies are not sustainable.

Hakan Akbaş, Director of the consulting firm Strategic Advisory Services, said: “The next two weeks will probably be the longest two weeks in Turkey’s history and a lot will happen. I foresee a sharp decline in the stock market and a lot of fluctuations in the currency,” he said.

Galip Dalay of Britain’s Chatham House think tank said the current result gives the government a psychological advantage and that Erdogan will likely emphasize stability.

In its news on the election results, Reuters commented that it will be clear whether Turkey will choose a more secular and democratic path in the second round. In the news, which was recorded as revealing the deep polarization in Turkey, it was emphasized that the result to be announced on May 28 will be one of the most important political decisions in the country’s 100-year history.