Economics

Erdogan Triumph Takes Turkey Into the Era of One-Man Rule

  • Main challenger concedes defeat but says contest ‘wasn’t fair’
  • President’s allies also gain majority in parliamentary vote
Bloomberg’s Constantine Courcoulas reports on Recep Tayyip Erdogan’s victory in Turkey’s presidential election.(Source: Bloomberg)
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Recep Tayyip Erdogan, modern Turkey’s longest-serving ruler, won a mandate to govern with sweeping new powers after a double victory in presidential and parliamentary elections.

Erdogan had 53 percent of the presidential vote to 31 percent for his closest challenger, Muharrem Ince of the secular Republican People’s Party or CHP, with more than 99 percent of ballots counted, according to government news agency Anadolu. The country’s electoral board hasn’t published official results yet, but it confirmed that Erdogan won.