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June 5, 2007 -

The Turkish Bulletin – June 5, 2007

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President Sezer has vetoed the constitutional amendments package. But the Parliament sent it him back because it was re-adopted at a two-third majority. President Sezer is now expected to take the package to a referendum, which could take place after the general elections of July 22, while the AKP is trying to hold the referendum on the general elections’ day.

In the meantime, all political parties submitted their list of candidates to the High Election Board which will publish the official lists within the next days. Notice that ANAP-DP alliance for the elections finally collapsed, reinforcing the AKP and the center-left block.

On the other hand, Turkish army could stage a cross-border operation into N.Iraq against the terrorist group PKK as the number of Turkish soldiers ambushed increase everyday.

On the economical front, Turkish exports recorded a new record high in May and inflation is lowering. But the World Bank warned against a possible reversal in the global outlook that could hit severely highly debt-burdened countries like Turkey.

The turkish Bulletin (145 ko)