Reported about 1 year ago
Populist and far-right parties significantly expanded their presence in the recent EU parliamentary elections, signaling a more prominent role in policy-making for the next five years. Analysts suggest the polarized parliament may pose challenges for EU legislation on climate, immigration, and defense issues, while the chip policy is expected to remain unchanged. Immigration will be a key focus in the new term, with right-wing parties advocating for stricter border control and tougher measures on migrants from outside the EU. Pressure from rising living costs and economic sluggishness may also impede climate policies, particularly the EU's carbon-neutral 'Green Deal.' The EU's industrial strategy may shift amidst balancing relations between the US and China. The EU could continue to prioritize high-tech and green industries, move forward with the 'European Chips Act' and 'Critical Raw Materials Act' from 2023, and take a tough stance on imports from mainland China.
Source: YAHOO