Market Data 
Populist, far-right parties won record support in this year’s European Parliament elections, early exit polls and estimates indicated on Sunday.
The far-right Identity and Democracy group made major gains, while the right-wing European Conservatives and Reformists saw a slight uptick in votes, according to the first official projection released by the EU at 8:30 p.m. local time.
The center-right European People’s Party is once again projected to win the most parliamentary seats, with a marginally bigger lead than before. If it’s able to repeat alliances with other centrist groups then it would retain a majority in the Parliament despite a surge from the far right.
The liberal Renew Europe and the Greens/European Free Alliance, meanwhile, are both seen losing a significant number of seats.
Here is the early 2024 vote breakdown versus 2019:
- European People’s Party (EPP) — 181 seats, up from 176
- Progressive Alliance of Socialists & Democrats (S&D) — 135 seats, down from 139
- Renew Europe (RE) — 82 seats, down from 102
- European Conservatives and Reformists (ECR) — 71 seats, up from 69
- Identity and Democracy (ID) — 62 seats, up from 49
- Greens/European Free Alliance — 53 seats, down from 71
- The Left — 34 seats, down from 37
- Non-attached members (NI) — 51 seats, down from 61
Ursula von der Leyen, president of the European Commission and an EPP member, said the party had once again shown itself to be the “strongest” in parliament.
“We were determined, we were united, and now we won the European elections. Voters have entrusted us with a very strong mandate,” von der Leyen said during a press conference, shortly after the preliminary results were announced.
The projections on Sunday follow a four-day, EU-wide vote. Over 400 million people across the EU’s 27 member states were eligible to vote for the next European Parliament — one of three institutions at the heart of the EU.
Just over half (51%) of those eligible cast their vote, early estimates suggested — broadly in line with 2019 levels. Voter turnout is an ongoing sticking point in EU elections, with electoral disengagement and hot weather among the reasons for voters staying away from the polls.
The European Parliament, which is responsible for deciding EU laws and budgets, is the only directed elected institution within the bloc. It is made up of Members of European Parliament (MEPs), who are elected by each member state and come together to form European party groups.
The incoming parliament has 720 seats, with the most populous states responsible for electing the most MEPs. Germany holds the top spot with 96, while Cyprus, Luxembourg and Malta each have six.
This is a breaking news story. Please check back for updates.
