Showing posts with label Europe. Show all posts
Showing posts with label Europe. Show all posts

Thursday, May 29, 2014

Europe: A predictable earthquake, but mainstream will dominate

French far-right leader  Marine
Le Pen (Chesnot/Getty Image)
Simon Baptist, Chief Economist and Asia Regional Director 
Voters in the European Union sent a strong message last week, with populist and eurosceptic parties topping the polls in a number of countries, most notably the Front National in France and the UK Independence Party in the UK. It is important to keep this in perspective, though. While the elections will bring domestic political instability to France and the UK, in many countries mainstream parties dominated, for example in Germany and - encouragingly - in Italy.