European markets have rallied following the victory of Dutch centre-right Prime Minister Mark Rutte in yesterday's election, with the defeat of far right rival Geert Wilders quelling the rise of populism parties across Europe.
With about 95% of votes now counted, Rutte's VVD Party has won 33 out of 150 parliament seats, though the result came in lower than the 41 seats it gained in the previous election in 2012. Anti-Islam and anti-EU candidate Wilders came in second with 20 seats, while the CDA and centrist Democrats 66 parties share third place with 19 seats each, according to the ANP news agency. And they're off: Dutch kickstart European election cycle Upon his victory, PM Rutte (pictured) said the country had an "evening in which the Netherlands, after Brexit, after the American elections, said 'sto...
To continue reading this article...
Join Investment Week for free
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes