Thursday, May 22, 2014



marine le pen

Europe has enjoyed a period of calm after years of crisis, but a predicted big protest vote in regional elections this week could shake markets out of their complacency.

Surveys of voters representing 500 million citizens, the European Parliament elected on Thursday. Is expected to return to the parties the right to protest and the remaining numbers are higher than ever.
Institutions of austerity, unemployment, immigration and European reaction against the energy loss of about 25% to win 751 seats could push the anti-EU parties. 28 In some countries can not even get most of the votes.
That will not derail the recovery in the short term is destabilizing governments in some countries, PRO-EU and painful economic reforms to weaken the will of the other stick can store up future problems.
The emergence of the Tea Party of America to the growing popularity of fringe parties, and a small base has been compared to the ability to alter the policy.
"In the United States the rise of the Tea Party is a lesson for the currency bloc," said Kathleen Brooks of Forex.com. "The power of the Tea Party, there is no control on the main ingredient, however, remains a major voice in Washington."
Fringe parties for successful executive appointments passing EU legislation and EU complications, noisier be debated.
Related: protest parties offended fundamental European elections
The main parties to make sure they are not close to Brussels to work together.
"I think we have a common currency of all European countries in stabilizing and strengthening the economy as the politics of Europe to continue receiving a clear majority of voters think," said German Finance Minister Wolfgang Schaueble told CNN Nina dos Santos.
In fact, the market is likely to have the results of his long Monday.
The EU is a lot better than it was two years ago, because it is. To mitigate the debt crisis and save the euro, the policy of permanent rescue fund, the solid budget planning and monitoring, and across a wide range of the first act of a banking union rushed.
"Compared to-do list for future legislation possibly lighter and less safeguarding crucial for European recovery" known economist at UBS.
The economy is growing again, the government has content in new loans, and the two countries - Ireland and Portugal - have emerged from the rescue program. European Central Bank, the euro still be saved, "whatever it takes" to do to prepare.
The growing and the premium the government must pay to borrow investors slash shipping stocks have accumulated in response to Europe. Euro flirting with $ 1.40 earlier this month, has been on a tear.
Related: ECB holds fire but heavy indirect kick
However, Europe's recovery remains fragile.
Unemployment is stuck around 12% of its historical peak. Mountain of debt continues to grow. France and Italy also needs reform, and the emergence of rescuing Greece is safe and the government is relying on an unstable output.
With so many Europeans have suffered a sharp fall in living standards a large protest vote could make it difficult for the government to stay the course of austerity.
After falling to its lowest level in a year, the cost of borrowing for eurozone countries, reflecting the concerns and weaker than expected growth, have recently rebounded.
Beyond part of the euro zone against the EU could win the popular vote, investors will be watching for the United Kingdom. Experts say that after a messy breakup of the September referendum raises the possibility could boost support for Scottish independence.

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