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Constitutional Changes May Boost Erdogan's Control; CBRT Inflation Report

TURKEY
  • LOCAL NEWS
  • US condemns anti-LGBTQ rhetoric following Erdogan's dismissal of the existence of the LGBTQ community in Turkey, supported by other high-ranking officials
  • Local economist says constitutional changes could give Erdogan power to submit draft bills to Parliament, make changes to the Constitutional Court & other judicial bodies, the Presidential oath and provisions on other rights and freedoms.
    • Analysts say the amendments will likely focus on human rights and returning the the EU process
  • Ex Greek PM reveals Greece & Turkey came close to going to the ICJ in 2003 to resolve continental shelf issues. Says he hopes exploratory talks can yield a positive outcome or if necessary via the ICJ.
    • Says, however, that they will never negotiate on national sovereignty and should focus on issues that can be solved, such as the delimitation of the continental shelf - Ahval
  • CBRT publishes inflation assessment (0700GMT), Erdogan speaks in Ankara (1030GMT), Effective exchange rate & net investment data (1130GMT)
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com

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