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EURL - European Elections: Centrists Struggle But No Breakthrough For The Far Right
Direxion Daily FTSE Europe Bull 3x Shares
By Bethany Payne
The European Parliament elections on May 23 produced damaging results in varying degrees for both the European Parliament and the main parties in the UK. Bethany Payne, a Global Bond Portfolio Manager, explains the main points and provides a brief assessment of the impact on markets.
Voters typically punish the ruling party at the European Parliament elections, and this year proved no different. Both center-left and center-right parties lost ground and are no longer able to jointly form a "grand coalition." Most of the main parties were perhaps relieved that the outcome