Turkey's election board proposes Nov. 1 as date for snap polls

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20-08-2015 | 03:14
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Turkey's election board proposes Nov. 1 as date for snap polls
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Turkey's election board proposes Nov. 1 as date for snap polls

Turkey's high election board has proposed November 1 as a date for possible snap parliamentary elections, ruling AK Party officials said on Thursday.

Prime Minister Ahmet Davutoglu formally ended attempts to find a junior coalition partner on Tuesday after weeks of talks with opposition parties failed, handing the mandate back to Erdogan and making a snap election almost inevitable.

  
The political uncertainty, coupled with a surge in militant conflict, has shattered investor confidence and sent the Turkish lira early on Thursday to a record low of 3.0 against the dollar - a plunge of some 22 percent so far this year.
 
Erdogan said on Wednesday Turkey was heading rapidly towards a new election and only the "will of the people" can resolve the political impasse.

The AK Party, which Erdogan founded, in June suffered its biggest election setback since coming to power in 2002, failing to win a single-party majority for the first time.

 
 
REUTERS

 

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