Erdogan Rivals to Restore Parliament Rule If Victorious at Polls
(Bloomberg) -- Turkey's top opposition parties agreed to strip executive power from the presidency and reinstall parliamentary governance if they win elections in 2023.
It's the latest indication that Recep Tayyip Erdogan's rivals are forming a broad camp to challenge him.
Erdogan has turned the presidential office into the nexus of political power since 2018. But his political opponents have slammed what they see as a slide toward authoritarian one-man rule.
On Monday the leaders of six parties, including the main opposition Republican People's Party as well as IYI Party, agreed in a declaration to abandon the presidential system if victorious.Â
The unified stance suggests Erdogan and his ruling AK Party, who have lost some support in recent months amid soaring prices, will be confronted with the widest opposition coalition they've ever faced at general elections set for June next year.
The parties vowed to reinstate powers in the legislature that were established by Mustafa Kemal Ataturk, the founder of modern Turkey, in 1920 as part of a secular and western-oriented revolution that replaced the theocratic Ottoman Empire.Â
Below are highlights from the declaration:
- A prime minister will be named from among lawmakers
- The president will be limited to one term of 7 years, instead of the current two 5-year terms, and will have to sever ties with party politics
- The president's power to regulate fundamental rights and freedoms, as well declaring emergency laws, will end
- Presidential power to veto bills approved by parliament will be restricted
©2022 Bloomberg L.P.
-
Signature Play: The Classic Cocktail Is Dead. Or Is It?
Classic cocktails are disappearing from India's cocktail menus. But they're still being ordered, taught to bartenders and borrowed from. So, who's really having the last drink?
-
A New Samvat Wishlist: Inclusive Prosperity And Human Development
India has strengthened its economic foundations through infrastructure, digital access and enterprise. Its next growth chapter must deepen productivity, create better livelihoods and widen participation in prosperity.
-
Love, Sex Aur Dhokha: The Audacious Plot To Spy On Jensen Huang
A Taipei dinner, a Singapore chip buyer and a suspected Chinese asset: inside the alleged spy operation that got close to NVIDIA's Jensen Huang.
-
Ten Things I Learnt This Samvat
Patience can be a trap. Cheap stocks can stay cheap. Leverage can wipe you out. What did Samvat 2082 teach us? Niraj Shah writes on 10 lessons from the year gone by.
-
Talking Points This Week: Tech Nerves, FII Buying, And A Faraway Banking Shock
The global markets are not shining this Diwali. The exception in the large markets is, India.
-
Midterm Rally Lasted A Day. The Hard Reality Of A Divided US May Last Two Years | Opinion
Between a contested AI boom, a debt ceiling that arrives in 2027 and a president with every incentive to act alone, the next two years may prove more volatile than the first day's rally suggests.
-
Blue Wave Will Derail the AI Trade but Won't Dismantle the AI Era | Unhedged Position
The Democrats' sweep of the US Congress will see politics collide with economic forces both over the long and short term.
-
It's Time To Take The GST Council's Bet On Trust Global
Payment records can prove India's services exports, and clear, proportionate rules can bring foreign digital sellers into the tax net.
-
Opinion | India at 38: From Innovation Overperformer to Innovation Powerhouse
India now has 453 VC-backed deep science startups, 18 of them late-stage, after 117 percent growth since 2020. Laurus Labs, at USD 9.3 billion, is the most valuable deep science company in any middle-income economy outside China.