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


  • World
  • Friday, 04 Apr 2014

Turkey's Prime Minister Tayyip Erdogan addresses to media inside a polling station during the municipal elections in Istanbul March 30, 2014. REUTERS/Murad Sezer

ISTANBUL (Reuters) - Turkish Prime Minister Tayyip Erdogan called on Friday for the central bank to cut interest rates, sending the lira lower, and said he favoured keeping a three-term limit for ruling party deputies, suggesting he may run in August presidential polls.

In his first public comments since a victory speech after his AK Party's strong showing in municipal elections last Sunday, Erdogan also said he had no plans to bring forward general elections in 2015 and combine them with the August presidential vote.

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