In the aftermath of another exchange rate shock which saw lira took a nosedive following the central bank’s interest rates cut, Ankara is a melting pot. The opposition leaders are confident enough to renew calls for early elections, the country’s leading economists are united in their criticisms, the usually timid business people are increasingly expressive, while Erdogan’s ministers, social media trolls and his enigmatic ruling partner are equally silent. While all the signs of early elections are present, how long can the regime hold its ground? And where and how far can Erdogan go in his measures?
