Politics & Risk

Politics and political risk
Exclusive on Turkish cabinet reshuffle, key to prospects for reforms

Exclusive on Turkish cabinet reshuffle, key to prospects for reforms

Reuters reported exclusively on April 24 that Turkish Prime Minister Tayyip Erdogan would reshuffle his cabinet in a matter of days in response to a weaker than expected showing in local elections and in order to tackle economic weakness. The exclusive report, which beat all media, including the local press, was accompanied by a factbox that picked out the key changes of interest to investors. Reuters followed up with another exclusive on May 1, with reports that Erdogan had presented his new cabinet line-up to the president a full hour before official confirmation. A snap analysis explored what the changes meant for economic and foreign policy and Turkey’s progress towards EU membership.

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