Fancy limiting most of European king's parade against poverty (6,5)
I believe the answer is:
hunger march
'fancy limiting most' is the definition.
Although both the answer and definition are singular nouns, I can't see how they can define each other.
'european king's parade against poverty' is the wordplay.
'european' becomes 'E' (abbreviation e.g. EU).
'king' becomes 'R' (abbreviation for rex, king in Latin).
'parade' becomes 'march' (a ceremonial march).
'against' says to put letters next to each other.
'poverty' becomes 'hung' (I am not sure about this - if you are sure you should believe this answer much more).
'e'+'r'+'march'='ermarch'
'ermarch' after 'hung' is 'HUNGER MARCH'.
'of' is the link.
Can you help me to learn more?
(Other definitions for hunger march that I've seen before include "1936 Jarrow demonstration" , "movement that brings protest" .)