The following text sets the context in which the briefing was given.
Turkey is facing unprecedented domestic and regional challenges. These range from: deteriorating security conditions; difficulties responding to changes in its immediate neighbourhood; as well as the domestic political uncertainty as the AKP government seems set on pursuing a presidential system and silencing opposition.
Beyond the headlines, a complex web of factors has created a perfect storm which has derailed the country’s promising developments and stability between 2002-2011.
Now, Turkey is often chastised by its international allies for its democratic lapse, but it is also seen as a sine qua non partner for addressing a wide range of issues facing Europe.
All these factors raise serious questions about Turkey’s future direction and the consequent implications both for foreign policy-makers as well as investors who have a stake in the country’s future.