
RANE Podcast Series
Essential Geopolitics: Interpreting EU Parliament Election Results
Jun 22, 2024
Exploring the outcomes of the recent EU parliament elections, analyzing the balance of power between right-wing and centrist parties, discussing potential political impact on member states like France, Germany, and Italy. Delving into rise of right-wing party in Italy coalition, consequences on government, dynamics between Berlusconi and Salvini's parties, effects of party participating in European Parliament, and ensuing political instability in Italy.
23:10
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Quick takeaways
- EU Parliament has limited legislative power but influences policy direction and oversees the EU budget.
- 2024 EU Parliament elections saw gains for far-right groups but maintained centrist majority ensuring policy continuity.
Deep dives
Role of the EU Parliament and its Legislative Functions
The European Parliament serves as the legislative branch of the European Union, playing a crucial role in policymaking and offering a policy direction to the bloc. Unlike national parliaments, its power is limited in proposing legislation, but it has the authority to adopt, modify, or reject laws proposed by the European Commission. Furthermore, the Parliament oversees the EU budget, ensuring efficient use of funds, and elects the European Commission, demonstrating its democratic oversight over EU institutions.
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