Turkey's Erdogan calls for rate cut, says no early election


  • World
  • Friday, 04 Apr 2014

Turkey's Prime Minister Tayyip Erdogan greets his supporters in Ankara March 31, 2014. REUTERS/Stringer

ANKARA (Reuters) - Turkish Prime Minister Tayyip Erdogan called for an emergency interest rate cut, ruled out early elections and spoke against the lifting of a Twitter ban on Friday, signalling no let-up in his domineering style ahead of an expected run for president.

Returning to the public eye after several days of rest following his AK Party's strong showing in local polls on Sunday, Erdogan said markets had rallied on the back of the election results and lower interest rates would encourage investors to pump more money into Turkey.

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