European stocks rise as EU supporters do well in election despite populist swell - News Summed Up

European stocks rise as EU supporters do well in election despite populist swell


In the European election, far right and populist parties were among the biggest winners, as voters voiced concerns over immigration and security. Environmentalist parties also made strong gains, especially in Germany, at the expense of center-right and center-left groups that have dominated the EU. Despite their losses, pro-EU parties retained a majority in the European Parliament, easing concerns of a worst-case scenario in which nationalist parties foil policies for further EU integration.


Source: Los Angeles Times May 27, 2019 18:00 UTC



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