‘We’ve had the earthquake – now for the TSUNAMI’ Experts predict worst yet to come for EU

Tuesday, December 6, 2016
By Paul Martin

THE European Union is about to be swept away by a populist tsunami with countries from Britain to the Baltics increasingly turning to nationalist parties, leading EU experts warned tonight.

Tue, Dec 6, 2016

Analysts said the political earthquake unleashed by the financial crisis has morphed into an unstoppable anti-EU wave as wealth inequality and dissatisfaction with Brussels fuel an anti-establishment revolution.

The independent website VoteWatch, which analyses the state of the bloc, said unless radical action is taken Europe will “continue its fragmentation in a downward spiral leading to its break-up”.

Its dire warning comes amid a surge in support for populist parties across the continent which is threatening to engulf the euro establishment and rip the EU project apart.

Europhile Italian PM Matteo Renzi has been forced to quit after a crushing defeat in the country’s referendum on Sunday, which was largely seen as a chance for voters to give Rome and Brussels a kicking.

There was some better news for the EU as far-right candidate Norbert Hofer was defeated in the Austrian presidential election, although he still managed to score 46 per cent of the vote despite being labelled a Nazi.

The two elections followed an anti-EU referendum in Hungary in October, when voters overwhelmingly rejected Brussels imposed migrant quotas, and June’s monumental Brexit vote.

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