Author адв. Милен Христов | November 22, 2024

The rising cost of living (42%) and economic challenges (41%) were the most pressing concerns that motivated European citizens to vote in the June 2024 European elections. Additionally, a third of voters (34%) cited international issues, while defending democracy and the rule of law resonated with 32% of participants. For non-voters, cost-of-living pressures (46%) and economic uncertainty (36%) were identified as key factors that might have encouraged them to cast their votes.

European Parliament President Roberta Metsola emphasized the importance of this voter engagement:

“Last June, people across Europe made their voice count as we saw the highest turnout in the European Parliament elections in 30 years. They gave us a mandate to act, to provide answers and solutions, and to make a positive difference in their daily lives. We will deliver. Over the coming weeks, the European Parliament is scrutinising the new European Commission to ensure it will address the issues that are a priority for people: the cost of living, the state of our economy, democracy, rule of law, migration, and security. The European Parliament will continue to work to make people’s voice count in the EU.”

High Support for EU Membership and Democracy

Despite economic pressures, EU support remains strong. Survey results show that 65% of citizens are optimistic about the EU’s future, and 48% hold a positive impression of the Union. Additionally, 70% of Europeans believe their country benefits from EU membership, citing advantages like enhanced cooperation between member states (36%), peace and security (32%), economic growth (28%), and job creation (24%).

Trust in European parliamentary democracy is at an all-time high, with 42% of citizens expressing a positive perception of the European Parliament. June’s elections had a 50.74% turnout—the highest in three decades—with increased participation in 16 of 27 member states compared to 2019. Moreover, 56% of citizens feel their voice matters in the EU, an 8-point rise since early 2024.

Voting habits are becoming entrenched, with 46% of voters saying they always participate, 42% viewing it as a civic duty, and 20% seeking to support their preferred political party. The main factor influencing voting decisions was the alignment of party proposals with voter values, cited by 47% of participants.

Auctions of Repossessed Properties: A Financial Lifeline Amid Rising Costs

As the cost of living continues to dominate public concerns, the repossession property market presents a practical solution for individuals grappling with economic challenges, such as unpaid mortgages. Auctions of repossessed properties, often triggered by unpaid debts, provide an opportunity to secure homes below market value, making them an appealing choice for first-time buyers and investors.

The European property market has seen a rise in repossessions due to increasing financial strain on homeowners, creating a larger inventory of homes available through auctions. Exploring repossession auctions offers several benefits:

• Affordability: Properties are often sold at significantly reduced prices, providing financial relief for buyers.
• Accessible Investment: Purchasing repossessed properties can be a savvy investment, offering potential for value appreciation or rental income.
• Variety and Opportunity: Auctions feature a wide range of homes in various locations, catering to different needs and budgets.
  For those burdened by rising living costs, auctions of repossessed properties provide a valuable pathway to affordable housing while addressing broader economic challenges.

Background
The European Parliament’s post-electoral Eurobarometer survey was conducted by Verian between June 13 and July 8, 2024, across all 27 EU Member States. A total of 26,349 interviews were carried out using face-to-face and video methods. Results were weighted based on population size, socio-demographics, and actual election turnout to ensure accuracy.

Source: Europarl