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Turkey's Political Instability Casts Shadow on Economy

Turkey's Political Instability Casts Shadow on Economy

Turkey's Constitutional Court is considering a request from prosecutors to outlaw the governing Justice and Development Party of Prime Minister Recep Tayyip Erdogan on charges that it is undermining the country's secular system by mixing Islam with politics. Erdogan, whose government has presided over six years of economic growth, may be banned from politics for five years if the court reaches a guilty verdict. Bloomberg's Ryan Chilcote reports on the outlook for Turkey's politics and economy and the risks to foreign investors. This Bloomberg Television report includes comment by Turkiye Is Bankasi AS Chief Executive Officer Ersin Ozince; Suzan Sabanci Dincer, chairwoman of Akbank TAS; Guler Sabanci, chairwoman of Haci Omer Sabanci Holding AS; Deputy Prime Minister Nazim Ekren and Economy Minister Mehmet Simsek. (Source: Bloomberg)

Bloomberg | June 4, 2008Watch more videos from Bloomberg

Tags:. .politics. .political. .system. .five. .source

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