European elections: five things to know and market implications
Tuesday 05 March 2019
Research / Market
European elections: five things to know and market implications
- The next European Parliament elections will take place on 23-26 May 2019 in the Member States of the European Union. Given the current complex political context, these elections are becoming a sort of referendum on the EU project, and a key political test for many countries.
- According to the polls, the elections will likely return a more fragmented Parliament, with an increased weight of populist parties, although it seems unlikely that we will see a coalition of Eurosceptic forces vs mainstream parties. The two major political forces – the European People’s Party and the Progressive Alliance of Socialists and Democrats – will likely lose their current majority. However, these two political forces are still expected to remain the two largest parties in the EU Parliament and could thus look to include other smaller pro- European political formations under their umbrella (eg, the Greens).