Turkey Considers Erdogan Ally's Call for Early Elections
- Next ballots will enshrine executive powers in presidency
- Lira weakens against dollar; bonds, stocks erase earlier gains
Turkey's President Erdogan Has Called A Snap Election
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Turkey’s government said it’s considering a request from a leading ally to bring forward landmark presidential and parliamentary elections to late August, triggering falls in the lira, stocks and bonds.
Devlet Bahceli said his nationalist MHP party would support any move to advance polls currently scheduled for November 2019, and he suggested doing so by more than a year to Aug. 26. Asked whether the government was surprised by the MHP position, Deputy Prime Minister Bekir Bozdag said the ruling AK Party would evaluate the call and make a statement.