Author: Euronews

When Roberto Vannacci’s controversial book came out last August, he was widely mocked and criticised for his extreme views – yet now he’s the lead candidate for Matteo Salvini’s far-right Lega party in the European elections. Source link

In 2019, turnout in Slovenia was among the lowest in the EU. This year it’s expected to reach 40%. ADVERTISEMENTThe European Union election campaign in Slovenia has been dominated by national issues, such as health, economy, and the green agenda. Yet, in the last week of the campaign, the recognition of Palestine as a state took centre stage.”The recognition of Palestine was what everyone was talking about. There were small differences even in the ruling coalition. They all wanted to recognise it,” Uroš Esih, a journalist at ‘Delo’ daily said. Slovenian candidates will be running for nine seats in the…

Despite the meteoric performance of the EU banking stocks, the sector may encounter challenges amid the EU elections, with the joint deposit insurance policy still unresolved. ADVERTISEMENTBig European banks have been experiencing robust growth due to a resurgence in deal-making and high investment banking revenue. The Euro Stoxx banking index (SX7E) is up 19%, while the Euro Stoxx 600 Index (SXXP) rose nearly 9% this year.  The index has also beaten its US peer, the SPDR Select Sector Fund (XLF), which climbed 9% year-to-date.The primary reason that led the sector to outperform was major big banks’ first-quarter earnings topped a…

In the bonus episode of our series on the European election campaign, a Volt candidate and flower shop director wish for change. Source link

The UK stock market needs to improve investor communication and engagement in order to retain its individual traders, according to a report from online trade and investor provider CMC Markets. Source link

Concerns are mounting in Cyprus over potential voter confusion, increased blank and invalid ballots, and high abstention rates as the double election on June 9 approaches. ADVERTISEMENTAs Cyprus prepares for a double election on June 9, there is growing concern over a potential increase in blank and invalid ballots, alongside significant voter abstention. These issues are linked to a local government reform that requires voters to cast between six to ten ballots, a complexity that has frustrated both voters and election participants.Fears of high abstention and invalid ballotsGiven the likelihood of voter confusion — many of whom seek information at…

Ready-to-wear group Beaumanoir buys western European business of Boardriders (Quiksilver, DC Shoes, Element) but some jobs in France will go. ADVERTISEMENTThe takeover of Boardriders sports and outdoor brands group by ready-to-wear group Beaumanoir has been approved.The deal, announced in February but needed approval from the French competition authority to go ahead – that’s now been granted, according to Le Télégramme. The value of the deal is not known. American Authentic Brands Group, owner of Boardriders, whose brands include Quiksilver, Billabong, Roxy, DC Shoes, Element, RVCA, VonZipper, will keep ownership of the brands but will transfer management and operation of them…

Four main parties are in the running this year and Austria elects 20 MEPs to the parliament, up from the 19 seats it had in the last election in 2019, due in part to the UK’s 73 seats being partially redistributed following its withdrawal from the union. ADVERTISEMENTAustrian parties aiming for seats in the European Parliament have held their final campaign events ahead of voting on Sunday in the EU elections.The conservative People’s Party – the OeVP – was the winner in the last EU elections in 2019, winning seven seats.The party’s candidate this time around is Reinhold Lopatka and…

An Associated Press analysis found the number of publicly-traded ‘zombie’ companies – those so laden with debt they’re struggling to pay even the interest on their loans – has soared to nearly 7,000 around the world. Source link

Slovakia, Latvia and the smallest EU member Malta have opened their polls this morning. This afternoon will see the crucial Italian vote get underway, with prime minister Giorgia Meloni and her right-wing Brothers of Italy party hoping to cement their position as powerbroker in Brussels. ADVERTISEMENTMore than 350 million eligible voters in 27 EU countries are heading to the polls to choose the next European Parliament. Euronews’ Poll Centre predicts that far-right parties across the continent are on course for historic gains.  The election will gauge political temperature across the 27 member states on crucial issues such as climate change and the future of…