Follow Us

Follow us on Twitter  Follow us on LinkedIn
 

14 February 2019

Bloomberg: EU Elections: Has populism peaked?


A Bloomberg analysis suggests that even a strong showing by nationalists won’t necessarily translate into power over legislation, and the European Union ballot might instead prove to be the high-water mark for the insurgents.

[...]One of the first key challenges will be navigating the political ambitions of the many populist groups contesting the vote. They number approximately 50 across the EU’s 27 post-Brexit members, according to Bloomberg reporting academic experts. Unifying these diffuse forces will be necessary if they hope to wield Parliament’s powers over the bloc’s 140 billion-euro ($158 billion) annual budget, or on matters from trade agreements to energy.

Six countries collectively account for more than 60 percent of the current populist members of the European Parliament. Recent polling and historical performance suggest that populist parties will increase their number of seats in these countries by half. Extrapolate across the EU and such parties would capture more than 30 percent of the new Parliament’s 705 seats, a rounding error away from former White House strategist Steve Bannon’s aim of creating a nationalist-populist bulwark against further integration, and so taking control of the European agenda.

Drill down, however, and the picture is far more nuanced: France’s National Rally—formerly the National Front—and Hungary’s Fidesz are broadly flat. In fact, the bulk of the gains projected in this study come down to one party: Salvini’s League. And while Europe’s populist parties almost universally share nationalist, EU-skeptic and anti-immigration characteristics, some hail from opposing sides of the traditional left-right political spectrum, making collaboration questionable.

What’s more, most have shown themselves unwilling or unable to coordinate in the past. One warning sign for Salvini and his allies: the sheer number of populist MEPs—one-third of the total—who’ve defected to mainstream parties or founded splinter groups since 2014. To succeed, populists will need to avoid the internal power struggles and ideological disagreements that have diminished their influence in this legislative term.[...]

In the run-up to this year’s elections, Salvini has met with Le Pen and Orban, as well as made overtures to the Sweden Democrats and several other parties. But even if he succeeds in coalescing these populist forces, there’s a limit to how far he, and they, can push their mutual distrust of the EU and its institutions without alienating their respective electorates. For European voters although disaffected with establishment politics, a record number of them are actually pro-EU.

According to the latest Eurobarometer survey conducted by the European Commission in November, 68 percent of people across the union said their countries had on balance benefited from EU membership. In a separate question, a majority of respondents in 21 countries said membership was a good thing—up from 13 countries in 2014. [...]

Part of this may be attributable to a Brexit bump, with the messy, drawn-out negotiations and warnings of the impact on the U.K. economy serving as a recruitment ad for the EU. Since the Brexit referendum in 2016, there’s been an average 8.5-point increase in the share of people saying EU membership is a good thing, with only four countries registering declines.

That’s not to say that populists can’t surprise at the ballot box. Elections to the EU Parliament in Brussels and Strasbourg are seen as occasions ripe for voters to register anger at national governments without any perceived downside. Yet the focus on this year’s European voting may paradoxically serve to show what is at stake, with a far-right bloc potentially upsetting the process for choosing the European Commission, the EU’s executive body responsible for trade, antitrust and economic matters; and stalling agreement on the bloc’s trillion-euro long-term budget.

Indeed, Bloomberg’s analysis found that populists made gains in a majority of EU member states in the 2014 vote and over-performed compared with their most recent prior national election in 20 countries—an impressive track record, but undermined by subsequent erosion in 10 countries.

Full analysis on Bloomberg



© Bloomberg


< Next Previous >
Key
 Hover over the blue highlighted text to view the acronym meaning
Hover over these icons for more information



Add new comment