Turkey's nationalists largely on board with constitution draft proposal, PM says
- Record-setting rally pushes on as S&P ends week up 3 percent
- Trump's Cohn Pick Most Bullish Sign Yet for Banks - Cowen
- Unusual 11 Mid-Day Movers: (IDXG) (INVN) (EBS) Higher; (SCON) (DTEA) (DLTH) Lower (more...)
- 21st Century Fox (FOXA) offers to acquire Sky for GBP10.75/share
- Coca Cola (KO) Announces James Quincey to Succeed Muhtar Kent as CEO; Kent to Continue as Chairman
Turkey's Prime Minister Binali Yildirim addresses members of parliament from his ruling AK Party (AKP) during a meeting at the Turkish parliament in Ankara, Turkey, November 8, 2016. REUTERS/Umit Bektas
Get inside Wall Street with StreetInsider Premium. Claim your 2-week free trial here.
ISTANBUL (Reuters) - Turkey's ruling AK Party has completed its work on a proposal to change the constitution and introduce an executive presidency, Prime Minister Binali Yildirim said on Thursday, adding that the nationalist opposition largely agrees with its draft.
Yildirim's AK Party requires support from the nationalists in order to secure the required majority in parliament to bring the issue to a referendum. The change to the constitution would give President Tayyip Erdogan the executive powers he has long sought.
(Reporting by Ercan Gurses; Writing by David Dolan; Editing by Toby Chopra)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- U.S. Defense Secretary Carter in Iraq for talks on Mosul
- Romania elects new parliament, leftists ahead in polls
- South Korea prosecutors charge two former senior Park officials: media