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Wednesday 1 February 2017

European elections 2017

There are more political uncertainties in Europe this year, as you would be already aware of. Here are probably not all of them, but some remarkable events listed below:

15-March: Dutch general election
Netherlands picks up members of House of Representatives. Main focus would be how many seats are being held by Geert Wilders' Party for Freedom (PVV). Recent reports still say PVV is leading the poll, which currently have 12 seats out of 150 and is expected to obtain around 30 seats.
>> General election: Latest poll of polls shows slight drop in PVV support
>> Dutch polls

23-April and 7-May: French presidential election
Two rounds are held to for the election. Currently, the poll by Elabe for Les Echo predict that Emmanuel Macron wins by beating Marine Le Pen on the second round. Francois Fillon is facing Fake job scandal. Although the investigation is underway, it inevitably damage his supports for a while.
Global interests would be whether Ms.Le Pen beats another on the second round, who is leading National Front party known as a far right wing and EU sceptic party.
But now, the president is still Francois Hollande.
>> François Fillon faces 'elimination' from French presidential race as 'fake jobs' scandal intensifies

11-Sep: Norwegian parliamentary election
Since no radical party rise up in Norway which is not a member of EU, majority of global media have not followed the election. As seen in the poll, it indicates Labour Party (AP) which currently holds the largest number of seats would get advanced further. But the poll outcomes with no particular surprise.
>> NORWAY, January 2017. Sentio poll
>> New political alliances forming

24-Sep: German federal election
Some know Alternative für Deutschland (AfD) have got spot lights in 2016, as a consequence of the refugee crisis. However, the recent poll shows Ms.Merkel's CDU/CSU (Christian Democratic Union/Christian Social Union) coalition is still leading, followed by Social Democratic Party (SPD).
Although there are 7 months to go, German political order is unlikely to change too drastically.
>> Merkel’s Challenger Leads Social Democrats to German Poll Boost
>> POLLYTIX GERMAN ELECTION POLLING TREND

Some day in 2017?: Italian parliamentary election
The next parliamentary election is planed in 2018. But, after the referendum on December, Matteo Renzi resigned PM position, and both Democratic party and 5-Star movement are calling for the earlier election. 5-Star movement possibly takes majority of seats for the next election, which is known as anti-establishment and Eurosceptic.
>> Italy court verdict could pave way for early elections


There were many political events which probably shake the financial markets in 2017. But I would more concern that European economy will visibly stagnate this year. Maybe, it is better to publish on another post.

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