
Money & Markets
The real threat to Europe isn’t a fascist revival, it’s the end of politicsA sense of democratic emergency is lurking in Europe. Although hardly unexpected, the European elections, which favored anti-European, rightwing parties across several countries, have elicited reactions of indignation and dismay from the political establishment. German chancellor Angela Merkel referred to the results as “alarming” and “regrettable,” while the recently nominated French Prime Minister, Manuel Valls, described them as a “political earthquake.”
Updated July 21, 20226 min read