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Austria and Italy Votes Show European Nationalism Not Unchecked

Funk Kirkegaard, Jacob, (2016), “Austria and Italy Votes Show European Nationalism Not Unchecked”, Peterson Institute for International Economics, 5 Δεκεμβρίου

Rumors of Europe’s imminent demise—or right-wing nationalist takeover—have been greatly exaggerated, it turns out.

Voters in Austria and Italy went to the polls this weekend. Austrians chose the establishment candidate Alexander van der Bellen as their next president—a largely ceremonial role—while Italians emphatically rejected Prime Minister Matteo Renzi’s plan to reform the Italian constitution, driving him to resign. Neither of the two elections, however, was an embrace of populism, even though in Italy the weakest banks there now face an uncertain future.

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