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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
NETHERLANDS
Voters in the Netherlands go to the polls today to vote for regional councils of the country's 12 provinces. The outcome of the provincial elections will have a wider impact on Dutch politics, with the States-Provincial set to elect the 75 members of the Dutch Senate on 30 May.
- The provincial councils also play a major role in implementing gov't policies. A loss of seats for PM Mark Rutte's People's Party for Freedom and Democracy (VVD) and its coalition allies (CDA, D66, CU) could hinder policy implementation in the years ahead.
- The anti-gov't agrarian Farmer-Citizen Movement (BBB) has surged in opinion polls since the 2021 legislative election. Given the lower turnout usually recorded in provincial elections, the high level of motivation among BBB supporters could see the party take second or even first place nationally, and become the largest party in up to five rural provinces.
- The BBB has gained support from both rural and urban voters due to the gov'ts proposed environmental legislation. Rural voters and those reliant on farming oppose gov't plans to buy out farmers and reduce livestock herds to lower emissions.
- Somewhat unexpectedly, the BBB has also gained support from some young, urban voters, with the gov'ts anti-emission legislation having the potential to halt construction projects due to their contribution of nitrogen to the atmosphere. However, this comes during a nationwide shortage of housing, with many young people unable to afford to get on the housing ladder due to constricted supply.
Chart 1. Netherlands General Election Opinion Polling, Seats and 6-Poll Moving Average
Source: Ipsos, Peil.nl, I&O Research, Kantar, MNI
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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