Three, possibly four Eurozone countries will hold national elections
this year in which the populist right hopes to score major gains.
Outright victory still seems unlikely in any of them, but following
Brexit and Donald Trump's victory in the US elections, observers are
nervous.
The Netherlands, with elections in March,
is the first of the four. France will follow in April, Germany later in
the year, and Italy, perhaps, depending on how things play out. Given
the timing, a big win for its right wing party, the PVV, led by Geert
Wilders, would set an ominous tone.
Fortunately, the
Netherlands enters the election cycle in relatively good economic
shape. As the following chart shows, it is expected to outperform the
Eurozone average this year on each of six key economic indicators.>>>
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