Over the summer, I wrote here that President Joe Biden’s child benefits — $300 per month for each child under the age of 6 and $250 for kids up to the age of 17 — help American parents pay for child care but don’t reduce the cost of child care.
Italy’s Matteo Salvini tried to be all things to all people, and failed.
The leader of the (formerly Northern) League aspired to become the next Silvio Berlusconi: the uncontested leader of the Italian right. To prove he could govern, he formed a coalition with the anti-establishment Five Star Movement and later supported the unity government of Mario Draghi.
But you can’t govern in Italy without making compromises, and that’s not something far-right voters tend to reward. Salvini has oscillated between mock statesmanship and populism, giving his supporters whiplash. Giorgia Meloni’s postfascist Brothers of Italy now threaten to eclipse him. Read more “Sway with Me: How Italy’s Salvini Lost His Credibility”
Six and a half months after they were elected, Dutch lawmakers have finally taken a step closer to forming a coalition government: the same as the last one.
Prime Minister Mark Rutte’s liberal VVD (of which I am a member), the Christian Democratic Appeal (CDA) and Christian Union were ready to renew their vows after the election in March. The coalition as a whole had gained seats, although the CDA lost four. The center-right parties are aligned on agriculture and EU policy, health care and taxes.
Olaf Scholz has given German social democracy a new lease on life. For the first time in sixteen years, his Social Democratic Party (SPD) — Germany’s oldest — has defeated the center-right Union of Christian Democrats. Support for the SPD went up from 20.5 to 26 percent in the election on Sunday. Still below its pre-reunification heights, when it would routinely win up to 40 percent, but enough to make Scholz the most likely next chancellor.
His counterparts in Portugal and Spain have been equally successful. António Costa was reelected with 36 percent support in 2019. Pedro Sánchez won two elections that year. Both govern with the support of the far left. Four of the five Nordic countries are led by social democrats. The fifth, Norway, soon will be, after Labor won the election two weeks ago.
Germans returned at least six parties to parliament on Sunday (counting the “Union” of Christian Democrats as one). The fate of The Left still hangs in the balance. Projections give the former communists exactly the 5 percent support they need to meet the electoral threshold.
The most likely outcome is a three-party government including the liberal Free Democrats (FDP) and Greens. The question is whether the Social Democrats (SPD) or Union will lead it.
Electricity prices are hitting records across Europe. In Portugal and Spain, wholesale energy prices have tripled from half a year ago to €178 per megawatt-hour. Italy is not far behind at €176. Dutch households without a fixed-price contract could end up paying €500 more this year. In the UK, prices peaked at €247 per megawatt-hour earlier this week.
The main culprit is the high price of natural gas, up 440 percent from a year ago. But Europe is facing something of a perfect storm involving accidents, depleted reserves and a higher carbon price.