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A man reads Turkish newspapers a day after the presidential election day in Istanbul, Turkey, Monday, May 29, 2023. Turkey's President Recep Tayyip Erdogan has won reelection in a runoff Sunday, following a nail-biter first round two weeks earlier. Having secured another five years, Erdogan now faces a host of domestic issues, from a battered economy to pressure for the repatriation of Syrian refugees. (AP Photo/Emrah Gurel)"The Turkish economy has been partying for a long time and well beyond its means. And I think in the period after the election, this is when we are going to pay for the feast that we consumed," said Selva Demiralp, professor of economics at Istanbul's Koc University.
Originally published at The Associated Press