EU
EU policy will become more right-wing
The centre-right and far-right groups were the only ones to make gains in yesterday’s EU elections
EUFurther ECB rate cuts to depend on inflation progress
The ECB has cut rates by 25bp as was widely expected
EUGreek ruling party could suffer losses in EU elections
European elections come as a test for the government a year after securing re-election
GreeceRomanian far-right’s support will remain strong
An electoral fraud investigation into a far-right party leader is announced days before European and local polls
RomaniaGazprom will not recover from loss of European markets
A report commissioned by Gazprom predicts that it is unlikely to recover lost export sales for at least a decade
RussiaHungarian opposition will make gains in EU elections
Prime Minister Viktor Orban’s ruling party faces an unexpected challenger in local and European elections
HungaryEU gas prices will remain volatile
European gas prices have risen to their highest levels this year following an outage in Norway
EUEurope’s manufacturing sector is starting to pick up
The euro-area manufacturing PMI rose to a 14-month high of 47.3 and the UK equivalent was above 50
EU