Erdogan’s Turkish Grip Weakens as AKP Fails to Win Majority

Elections: What Happens Next for Turkey's Pres. Erdogan?

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After dominating Turkey for more than a dozen years, Recep Tayyip Erdogan saw his grip on the country loosen after the party he founded lost control of parliament following an election campaign marred by violence.

Stocks plunged and the lira weakened to a record after the results raised the possibility of a fragile minority AK Party administration, weeks of coalition bargaining, or a return to the ballot box to break the deadlock. Deputy Prime Minister Numan Kurtulmus told national television the AKP’s plan is to try and form a government with another party first.