Aline Schuiling, senior economist at ABN AMRO, points out that the Eurozone’s political landscape in most of the individual eurozone countries has remained fragmented in 2018.
Key Quotes
“Traditional political parties at the centre-right or centre-left of the political spectrum have continued to lose support, while populist parties or parties at the extreme side of the political spectrum have gained support.”
“As a result, implementing significant policy changes, including policies aimed at further European integration, or meaningful economic reforms has become complicated in a large number of eurozone countries.”
“In 2019, general elections are scheduled in Finland (14 April), Belgium (26 May), Portugal (6 October) and Greece (20 October). Moreover, it cannot be excluded that early elections will be held in Italy (currently governed by an all populist coalition of the centre-right Lega and left-wing, populist M5S), Spain (currently governed by a minority government led by Prime Minister Pedro Sánchez of the centre-left social democratic PSOE, which holds less than 25% of the seats in parliament).”
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