EU Parliament elections on 23–26 May 2019 look set to boost the share of populist parties in parliament by a meaningful amount and have therefore drawn the attention of financial markets of late. However, analysts at PIMCO think the election is unlikely to result in meaningful change for European politics or the markets for several reasons.
MADRID | By Julia Pastor | The rise of nationalist political parties in the new EU Parliament “could tighten the euro, but only transitorily”, according to analysts at Bankinter, but the reality is that “from a practical point of view everything will remain the same,” experts at Link Securities say.
MADRID | By J.P. Marín Arrese | The Spanish centre-right leading candidate for the European Parliament has been the center of a sexist row for the last week. And his biggest mistake might be that he only acknowledged the devastating blunder his last remark meant (he said he was worried about ‘cornering a defenseless woman’ in the debate against his socialist rival Elena Valenciano) when socialist MEPs denounced his attitude as utterly inappropriate. His apologies come too late. Mr Arias Cañete is bound to suffer widespread criticism during the hearing process for appointing the next Commission.
MADRID | By Álex García.
MADRID | J.P. Marín Arrese | The EU seems an endless discussion on futile issues taking place in Brussels. We are all too aware that real decision-making lies in Berlin.
MADRID | By Álex García.