Recent statements from President Recep Tayyip Erdoğan’s advisers and allies have focused on enabling his candidacy in Turkey’s next presidential election, scheduled for 2028. A senior adviser proposed holding the vote on April 16 via a parliamentary decision to renew elections, which would activate a constitutional exception allowing a third term despite the two-term limit. The ruling AKP-MHP alliance holds 326 of 600 seats and needs 360 votes for such a move; MHP leader Devlet Bahçeli reaffirmed support for this path in early October, citing stability needs. Opposition figures have called for earlier elections amid economic and legal controversies, though officials have described that possibility as low. These developments shape trader views on the timing of any leadership transition.
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