Nations that make up over 60% of the world's economic output and more than half of its population to go to polls this year. Europe's upcoming key elections include Portugal, Belgium, the European Parliament, Croatia, Romania, and Austria. Geert Wilders' Freedom Party in the Netherlands and Austria's polls are significant. Far-right parties eye gains in the European Union, which may impact migration and green reforms. Market risks include Italian stocks, bonds, joint debt, support for Ukraine, and climate policy.