ANKARA, May 14 (Reuters) – Turkey appeared headed for a runoff presidential election after neither Tayyip Erdogan nor rival Kemal Kilicdaroglu cleared the threshold to win outright on Sunday, in a poll seen as a verdict on Erdogan’s 20-year rule and increasingly authoritarian path.
Following is reaction from political analysts and economists:
“The next two weeks will probably be the longest two weeks in Turkey’s history and a lot will happen. I would expect a significant crash in the Istanbul stock exchange and lots of fluctuations in the currency. Both sides will try to make a case for themselves but Erdogan will be in an advantage in a second round. Still, a lot can happen in the next two weeks.”
