11.3 C
London
Wednesday, April 21, 2021

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.

This largely reflects how citizens feel about how their countries are being managed at the national level: where they are happy, mainstream parties did well. It has been clear for a long time that mainstream parties in France and the UK are failing to connect with their electorates, leaving the way open for the insurgents to fill the political vacuum.
Despite the surge in support for populists, mainstream parties will continue to enjoy a solid majority in the European Parliament. For the most part, the direct effect of the election on the laws get passed in the EU will be minimal, although progress on international trade deals may become more complicated. And as the bickering over the choice of a new European Commission president illustrates, horse-trading looks set to remain the EU’s decision-making mechanism of choice, despite the fact that it is one of the causes of voters’ discontent.

Archive

Latest news

Myanmar junta now publishing lists of wanted journalists

Reporters Without Borders (RSF) calls on the international community to react to the Myanmar military’s latest attempts to impose complete control over news and...

President criticised on Facebook; Inquiry launched against two Govt. officers

The National Transport Medical Institute (NTMC) has launched an investigation into the alleged conduct of two female officers stationed at the Gampaha and Ratnapura...

Sri Lanka: Port City Bill in short

Suren Fernando/@SurenFernando. The GOSL Tabled the PortCityBill in Parliament on 8th April 2021. 1. The Bill provides for the establishment of a Commission consisting 5-7 persons appointed...

No protection in sea or land: Kilinochchi fishers were tortured by Sri Lanka Navy

File photo of Sri Lanka Navy. Fishers of Valaipadu fisher village of Pooneryn Division of Kilinochchi District have been tortured, punished and humiliated by the...

Related news

Myanmar junta now publishing lists of wanted journalists

Reporters Without Borders (RSF) calls on the international community to react to the Myanmar military’s latest attempts to impose complete control over news and...

President criticised on Facebook; Inquiry launched against two Govt. officers

The National Transport Medical Institute (NTMC) has launched an investigation into the alleged conduct of two female officers stationed at the Gampaha and Ratnapura...

Sri Lanka: Port City Bill in short

Suren Fernando/@SurenFernando. The GOSL Tabled the PortCityBill in Parliament on 8th April 2021. 1. The Bill provides for the establishment of a Commission consisting 5-7 persons appointed...

No protection in sea or land: Kilinochchi fishers were tortured by Sri Lanka Navy

File photo of Sri Lanka Navy. Fishers of Valaipadu fisher village of Pooneryn Division of Kilinochchi District have been tortured, punished and humiliated by the...