DBC Lunch 2nd July

The 2024 EU elections are over and as expected there has been a shift to the political right. However, the pro-European political center is holding firm in the European Parliament and these elections appear to have little direct economic effect on the economy.

The economic impact of the past elections will be noticeable for national budget policy, which spends an average of 50% of GDP in Europe. Particularly in countries where the government is not in a strong position and the budget deficit has increased in recent years.

At our last lunch before the summer holidays, we invited fellow member Richard Hogenkamp to tell us more about economic expectations for Europe and to what extent the rise of the extreme right could influence financial policy within the EU over the next five years.

Richard has lived in Madrid since 2023 and is a free-lance correspondent Spain & Portugal for the Financieel Dagblad, among others.

Before that, he was editor-in-chief at RTL Nieuws for more than 18 years.