HEZU - European Elections: Big Changes Or Business As Usual?
By David Zahn, CFA, Head of European Fixed Income, Senior Vice President, Franklin Templeton Fixed Income Group®
Many observers are predicting that European elections later this month will usher a wave of populist representatives into the European Parliament. David Zahn, Head of European Fixed Income, Franklin Templeton Fixed Income Group, believes there may be a shift in political balance, but suggests the ability of extremists at either end of the political spectrum to dramatically alter the direction of the European Union is likely to be limited.
As investor attention in Europe focuses on European parliamentary