Home > News > World
Thursday March 27, 2014 MYT 4:30:02 PM
Thursday March 27, 2014 MYT 4:34:02 PM
BERLIN (Reuters) - The crisis in Ukraine could motivate European Union citizens to vote for mainstream parties in the EU parliamentary elections in May and dampen the chances of populists and Eurosceptics, the German finance minister said on Thursday.
Veteran politician Wolfgang Schaeuble from Chancellor Angela Merkel's conservative Christian Democrats (CDU) told business daily Handelsblatt the crisis may remind voters of the value of European unity and encourage them to get out and vote.
"Then turnout would rise and Eurosceptic forces may perform worse than many fear," said the minister, adding, however, that the growing popularity of anti-EU movements in several member states, including France, was "not a good development".
Some pundits expect Eurosceptics to be the big winners in May elections to the European parliament, possibly even taking around 20 percent of the seats.
Schaeuble also urged the European Commission to expedite the final details of a European banking union so that it can start, as planned, in November following last week's deal.
Asked if banking union could take effect in November, Schaeuble said: "Yes. But the Commission must do its bit," adding that he was also relying on the European Central Bank.
"The EU Commission must present its plan as quickly as possible on the detail of how the bank levy would shaped. Until now we have received nothing," he said.
(Reporting by Madeline Chambers; Editing by Stephen Brown)
Kerry visits Riyadh to sooth fears of stronger Iran under nuclear deal
Tanzania president pledges crackdown on albino killings
Exclusive: China investigates second top officer for graft - sources
Ukraine says return of Crimea a must for mending ties with Russia
Malaysians abroad share how they celebrate our local festivals
8 Incredible food and wine adventures you can do in Australia!
Gorgeous Goerges striking it right in Malaysian Open
Skip to the tune of smart data as jump ropes go digital
How Patricia Arquette’s Oscar speech for equality backfired on a civil rights issue
Copyright © 1995-2015 Star Publications (M) Bhd (Co No 10894-D)