Hungary

Fidesz will now be in direct competition with Jobbik for who best represents Hungarian traditions and interests

Record emigration goes with a government in disarray whose popularity is falling as many young people turn to far-right

Left-of-centre opposition will try to use Quaestor scandal but may not find it benefits much

Budapest prefers to seek national advantage from deals with Russia without reference to any common EU strategy

Foreign bank exits are possible, particularly if weaker-than-expected growth fails to return the sector to profitability

The economic and political limits of Hungary's 'balanced' foreign policy are already apparent

Despite their differences, populist parties across Europe are increasingly influencing the tone of discourse

Timing and pace of US monetary tightening could upset Emerging Europe markets buoyed so far by ECB's QE