Political and Economic Update
There was dearth of new branded polls last week, which is rarity for Turkey. Several pollsters commented that because of the high ratio of undecideds they have chosen not to publish results.Less reliable evidence confirms our finding that the race is a dead heat. We suspect AKP will find new gimmicks to win, which might spook the markets and cause permanent damage to diplomatic relations.
We currently bet that the row with EU members is just a ploy to win the referendum, but EU might have drawn different lessons. We would not rule out a suspension of accession process by the EU, unless Turke