The defeat of Donald Trump’s Republicans in the U.S. midterm election is being seen as a warning for incumbent governments in Europe, where voters are also confronting higher living costs and housing that is increasingly unaffordable.

Anger over prices helped propel Trump to power, but has since turned against him, according to the report. With elections approaching in Spain, Italy, France, Greece and Poland, that shift could pose risks for leaders across the continent.

Italy’s Prime Minister Giorgia Meloni is among those facing pressure. Rising prices and housing costs are adding to public discontent, while her government has already faced waves of protests over fuel costs.

Sources: Politico Europe.