EUROPEAN ELECTIONS 2019: NO POPULIST WAVE

The citizens of the 28 members of the European Union went to the polls between Thursday and Sunday last week to elect the members of the European Parliament for the next five years. Usually neglected by both financial markets and the wider public, the European elections attracted more interest this year, as reflected in a high turnout, which exceeded 50% for the first time since 1994. The context and challenges surrounding these elections were clear : the rise of populism, the United Kingdom's participation despite its planned exit from the EU, and the end of the mandate of the President of the European Commission, the ECB and of the European Council . Although, there remain many open questions with regards to these issues, the outcome of the election, rule out any more radical change at the European level.