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Where European Populism Will Be Strongest In 2018

While the establishment may breathe a sigh of relief looking back at political developments and events in Europe – which was spared some of the supposedly “worst-case scenarios” including a Marine le Pen presidency, a Merkel loss and a Geert Wilders victory – in 2017, any victory laps will have to be indefinitely postponed because […]

Austria’s Anti-Immigrant Freedom Party Enters Government; Wins Key Ministry Posts

Two months ago, in Europe’s latest shocking, anti-establishment outcome, Austria’s 31-year-old Sebastian Kurz became the world’s youngest leader after his conservative People’s Party won the Austrian National Council elections, making him Austria’s youngest Chancellor in history, while the establishment Social Democrat party suffered its “worst result since Hitler rule.” Sebastian Kurz and his girlfriend Susanne […]

Cable Spikes After European Court Of Justice Agreement

The chaotic trading in cable continues, this time spiking to the upside after Bloomberg reports that the EU and U.K. have reached an agreement on the sensitive issue of the role of the European Court of Justice after Brexit, according to two people familiar with the matter. The agreement on the court leaves the Irish […]

Who Feels EU Membership Has Paid Off? (Spoiler Alert: Not Italy)

Amid the UK's Brexit vote and rising right-wing populism across Europe, euroscepticism has never posed a greater threat to the EU. Despite the turmoil, majorities in most countries feel they have benefited from EU membership. According to the European Parliament, 90 percent of people in Ireland feel their country's decision to join the EU has paid […]

“Czech Donald Trump” Wins Landslide Victory

Authored by Soeren Kern via The Gatestone Institute, The election outcome, the result of popular discontent with established parties, is the latest in a recent wave of successes for European populists, including in Austria and Germany. The populist ascendancy highlights a shifting political landscape in Europe where runaway multiculturalism and political correctness, combined with a […]

Key Events And FX Week Ahead: Central Banks Send Markets Into A Coma, Someone Say Something New Please!

European politics returns with a bang this week, when not only will attention be focused on Austria to see if the right wing Freedom Party joins the People's Party in a historic governing coalition, in an embarrassing blow to Europe's establishment, but also whether Catalan President Puidgemont will (again) fomally – and this time clearly […]

Why The European Union Is Doomed To Fail

Authored by Marian Tupy via The Foundation for Economic Education, Have you ever heard of Deutsch Jahrndorf? No? I don’t blame you. The tiny Austrian village, which is situated four miles from the Danube, is utterly unremarkable, except for the fact that it sits on the border of three countries. To the east is Slovakia. […]

Three Cheers For MEP Dan Hannan: Why Not A Better Brexit Deal For Everyone?

Authored by Mike Shedlock via MishTalk.com, The EU values political correctness more than jobs. The result was a collapse in support for Angela Merkel, and the rise of AfD and FDP in Germany. Let’s not forget Marine Le Pen in France, Beppe Grillo in Italy, and the far right in Austria. For the sake of […]

In Historic Speech, Macron Makes “Radical” Appeal For United Europe, Calls For “Military Intervention Force”

Just two days after the Alternative for Germany (AfD) party won a larger-than-expected 13% of the vote in Germany’s federal elections over the weekend – dealing a staggering defeat to Chancellor Angela Merkel’s Christian Democrat-led coalition which suffered its worst electoral showing since 1949 – French President Emmanuel Macron delivered a lesson in contrasts when […]

Why The German Elections Matter, And Not Just For Germany

With just hours to go before the German election, Angela Merkel looks set to remain Chancellor for a record fourth term. This suggests largely unchanged economic policies, focusing on fiscal prudence and conditional steps towards European integration. However, with new political winds clouding the outlook for globalization, trade relationships and security in Europe, and with […]

Juncker Unveils Grand Vision For A United States Of Europe

European Commission chief Jean-Claude Juncker delivered his annual state of the union address on Wednesday, in which he laid out his grand vision for federalist Europe, and urged European Union governments to use economic recovery (i.e., Mario Draghi’s nationalization of the bond market), the political weakness in the US and Brexit as “springboards” toward a […]

Cable Sinks As EU-UK Postpone Next Round Of Brexit Talks

Having spiked overnight on the back of surging inflation, Cable just tumbled after it appears disagreements over the 'divorce' payments forced EU and UK to postpone the next round of Brexit talks… for a cooling off period? As we detailed previously, the EU is accusing UK of backtracking on its promise to pay an exorbitant […]