After a shocking far-right victory, what follows?

Geert Wilders, the far-right political leader of the Party for Freedom (PVV), made headlines with his significant victory in the Dutch general elections held on November 22, 2023. After 25 years in politics, Wilders emerged as a powerful force in the Netherlands’ political landscape, causing concern for both the European Union and Ukraine.

His anti-immigration and Islamophobic policies have raised eyebrows, and his Euroskepticism extends as far as calling for a potential Netherlands exit from the EU. This victory is significant, as the Netherlands is a key player in the EU and holds sway over policymaking.

The potential impact of a Wilders-led government is also being felt in the realms of trade and technology. The Netherlands’ export restrictions on advanced semiconductor equipment, particularly involving its homegrown firm, ASML, play a pivotal role in global technology markets.

The formation of a coalition government is expected to be challenging and may involve compromising on Wilders’ more extreme proposals. The key players are expected to be Wilders’ PVV, Mark Rutte’s VVD Party, and Pieter Omtzigt’s New Social Contract party.

While Wilders has expressed populist fiscal policies, experts anticipate that he may need to make compromises to balance spending. However, the uncertainty regarding the economic viability of his policies adds another layer of complexity to the situation.

In terms of EU relations, a Wilders-led government is likely to take a more antagonistic stance, particularly on issues related to migration and refugee policies. This has the potential to cause unease within the EU and affect policy-making in areas such as sanctions and support for Ukraine.

The EU will be closely monitoring the formation of the Dutch government. Wilders’ potential cooperation with other Eurosceptic leaders could disrupt policy-making, especially on foreign policy issues requiring unanimity. Furthermore, the implications of the Dutch election results on the upcoming European Parliament elections are also being considered in the context of EU legislation, particularly related to climate change.