The rising right in the EU is increasing pressure on the European Commission’s budget plans. Marine Le Pen has, of all people, calmed the bond market with a consolidation plan for France’s troubled public finances. At the same time, she is planning a budget bloodletting for the EU and finding an echo in Germany’s AfD.

https://www.zerohedge.com/markets/le-pen-and-afd-join-forces-heavy-headwinds-von-der-leyens-eu-mega-budget