Voters in 27 countries have elected a new European Parliament, marking a significant shift to the right. Populist and far-right parties made crucial gains, reshaping policies from trade to green initiatives. This alarming trend is driven by several factors, including promises of more public services and lower taxes, which could crank up debt. Businesses are concerned, expecting more conflicts and risks, particularly in France and Italy. DW Business’ Marie Sina speaks to Clemens Fuest, President of Ifo Institute, on what the near future might hold for EU’s economy in the wake of EU elections.
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