According to Christopher Graham, economist at Standard Chartered, European parliamentary elections are being held on 23-26 May and could be the most important in years, with populist, Eurosceptic parties potentially securing more than 30% of seats in parliament. Key Quotes “We are likely to see an end to the centre-left, centre-right grand coalition which has dominated European politics for years, and a more diverse coalition of governing parties emerging as a result, rendering reform efforts and policy-making potentially more difficult than previously.” “The rise of populist, Eurosceptic parties does not present an immediate existential risk to the EU, given that most parties are no longer pushing to leave the EU but rather reform it from within. However, if these parties can align their interests on key issues, they could become a potent force in the EU legislative process, providing a robust check on the Commission and national governments seeking to adopt a more pro-integrationist policy framework.” “Investor sentiment is susceptible to the rise in prominence of populist, Eurosceptic parties at the European level; however, given that a centrist coalition is still likely to emerge (albeit with more parties), any immediate market volatility is likely to be tempered.” “The bigger threat to investor sentiment will be the extent to which fragmentation of the European Parliament (EP) following this election holds back the completion of post-euro area crisis reforms to European institutions and financial architecture, given their importance to the EU’s long-term economic stability.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next UK wages and unemployment are unlikely to rock the pound Yohay Elam 3 years According to Christopher Graham, economist at Standard Chartered, European parliamentary elections are being held on 23-26 May and could be the most important in years, with populist, Eurosceptic parties potentially securing more than 30% of seats in parliament. Key Quotes "We are likely to see an end to the centre-left, centre-right grand coalition which has dominated European politics for years, and a more diverse coalition of governing parties emerging as a result, rendering reform efforts and policy-making potentially more difficult than previously." "The rise of populist, Eurosceptic parties does not present an immediate existential risk to the EU, given that… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.