Tag Archives: French elections

Political risks never completely disappear from the European landscape, but we are not convinced that the US elections have materially increased the odds of another populist ‘accident’ in the euro area.While the Italian referendum is the most obvious near-term risk, we see extremely low chances of a nationalist, anti-European party winning a major election next year or holding a legally-binding referendum on EU/EMU membership. Apart from any other consideration, electoral processes are too...

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