EIM Political - April 2014
08 May 2014
In three weeks, the European Parliament elections will be done – but could the result yet be tipped by the Russian impact on the simultaneous Ukraine polls re-awakening the basic fears that created the EU in the first place?
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EPP’s Commission presidency candidate Jean-Claude Juncker promises 'more Europe' with deeper integration – but wants to accommodate Britain.
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The S&D’s Martin Schulz promises more fiscal action, actions on tax havens/fraud and an FTT.
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But ALDE’s Guy Verhofstadt was the outright winner in the polls of the first TV debate – how will this impact the eventual outcome?
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In any case, unless the polls are widely of the mark, the new Parliament will probably have to operate as a Grand Coalition – increasing the importance of left-of-centre views on financial markets – both on regulation and the basic issue of the size of public deficits.
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© Graham Bishop