Failed talks raise election prospects

Critics say president stalled creation of coalition government

The talks between Turkey's leading political parties on the formation of a coalition government failed on Thursday, increasing the likelihood of holding early elections in November.

"We have concluded that there is no base for forming a coalition and entering into a government partnership," Ahmet Davutoglu, the leader of the Justice and Development Party, known as AKP, and Prime Minister designate, told reporters in the AKP Headquarters in Ankara.