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AK Party Trial Means More Turmoil for Rocky Economic State

April 15, 2008

Turkey has been a star emerging markets performer, with strong growth and record levels of foreign direct investment. But, the constitutional court case against the ruling AK Party has darkened that rosy picture.

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Turkish Parliament during a parliamentary debate
The Turkish Parliament doesn't appear all that rosyImage: AP

Economic hope has been rapidly replaced by concern about slowing growth and rising inflation in Turkey. And now, added to this troublesome cocktail is the decision of the country's constitutional court to accept a case calling for closing out the ruling Islamic-rooted AK party on charges of undermining the secular state.

Turkey faces the prospect of having no leader and government, just as the Turkish economy is facing some of its most challenging economic conditions.

Report: Dorian Jones

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Turkey's secularism debate grips the economy

englisch: MT 0904 Turkish Economy - Produziert: 08.04.2008 - 18:03:43 von Dorian Jones
April 8, 200806:06 min