Investors Worry Erdogan Could Call an Early Vote Because His War Is Popular

  • Syria incursion widely backed as president seeks election pact
  • Government says it has no plans to bring forward 2019 ballot

Syria Looms Large as Sec. Tillerson Meets Turkey's Erdogan

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Recep Tayyip Erdogan is riding a wave of domestic support for his army’s incursion into Syria, leading investors to fret that the Turkish president will seek to capitalize by calling an early election.

That’s something Erdogan’s party has never done during its 15 years in power -- and officials insist there are no plans to go to the polls before the scheduled date in November 2019. Still, some Turkey-watchers -- pointing to an economy that looks like it’s on a campaign footing -- suspect that the pattern may be broken this time. That would add a new layer of uncertainty in an emerging market next door to the world’s most dangerous war.