CEOs concerned at lurch to right in Euro elections

The risk of a lurch to the right in May’s European elections is vexing global chief executives, who worry the vote will make the bloc harder to govern just as they want it to reform.

High unemployment, austerity fatigue and still anaemic growth offer the perfect backdrop for fringe parties to prosper at the election.

Some pundits predict a group of anti-euro parties including the National Front in France, Britain’s UKIP, Syriza in Greece and the Dutch Freedom Party, could capture 20% or more of the seats.