Bülent Ecevit the party decision to support the transitional government established by a military intervention. In 1972, he succeeded İsmet İnönü as the leader of the party and became Prime Minister in a coalition with the National Salvation Party of Necmettin Erbakan (the 37th government of Turkey). This government is known for ordering the Turkish invasion of Cyprus on 20 July 1974. So he was nicknamed "Conqueror of Cyprus" ("Turkish: "Kıbrıs Fatihi"") by Turkish people after that successful operation. Upon assuming the leadership of the CHP, Ecevit played a major role in redefining the party's political position in the centre-left (Turkish: "Ortanın
Bülent Ecevit Yılmaz and the Nationalist Movement Party (, MHP) of Devlet Bahçeli. Ecevit's government undertook a number of reforms aimed at stabilizing the Turkish economy in preparation for accession negotiations with the European Union. Despite initial attempts to bring about economic reforms, an argument between Ecevit and President Ahmet Necdet Sezer in 2001 led to a financial crash due to the instability of both the government and the economic situation. The downfall of the government was speculated to also bring an end to an existing bailout package funded by the International Monetary Fund. Despite this, the government made swift progress in