Bruegel's Wolff Says French Election Risks Global Shock

The video discusses the risks facing Europe, particularly from France, and the potential impact on the European Union and global economy. It examines whether markets are pricing in the risks of a Le Pen victory in France and the possible consequences for the EU's stability. The discussion highlights the uncertainty and potential for strong market reactions if political changes occur.

Which country is considered the smallest risk to the European Union according to the speaker?

• Netherlands

• Germany

• Italy

• France

What is the main concern if things go badly in France?

• A dramatic shock to the EU and global economy

• A rise in unemployment

• A decrease in tourism

• Increased immigration

What makes it difficult for Marine Le Pen to win the French elections?

• Her economic policies

• The electoral system

• Her lack of political experience

• Her stance on immigration

What external factor is mentioned as potentially influencing the French elections?

• Russia

• United States

• United Kingdom

• China

What could be a consequence of a Le Pen victory according to the speaker?

• Increase in EU funding

• Strengthening of the EU

• Immediate strong market reactions

• Decrease in EU regulations