Marine Le Pen’s far-right National Rally fails to take power while no party wins absolute majority; PM Gabriel Attal offers resignation
Full report: France election: surprise win for leftwing alliance keeps Le Pen’s far right from powerExplainer: France’s progressives keep out the far right, but what could happen next?
Polish prime minister Donald Tusk summed up the feelings of some in his post welcoming the defeat of Marine Le Pen’s far-right RN party at the polls, writing, “In Paris enthusiasm, in Moscow disappointment, in Kyiv relief. Enough to be happy in Warsaw.”
Le Pen has previously been friendly with Russian President Vladimir Putin and there had been fears in Kyiv that she may take a softer approach to Moscow and cut back on the military aid Paris has extended to Ukraine since the war began in February 2022.
The outcome, in which no bloc is expected to have an outright majority, has left the country in a “thick fog” of uncertainty, according to one pollster, with the euro dropping around 0.4% from Friday’s levels before clawing back some of its losses.
“The best that can be said is that neither the (left-wing) NFP nor (far-right) National Rally will be able to implement their respective electoral manifestos in full, which would most worry investors fretful about France’s fiscal situation,” Alvin Tan of RBC capital markets said.
Continue reading… The Guardian Read More Marine Le Pen’s far-right National Rally fails to take power while no party wins absolute majority; PM Gabriel Attal offers resignationFull report: France election: surprise win for leftwing alliance keeps Le Pen’s far right from powerExplainer: France’s progressives keep out the far right, but what could happen next?Polish prime minister Donald Tusk summed up the feelings of some in his post welcoming the defeat of Marine Le Pen’s far-right RN party at the polls, writing, “In Paris enthusiasm, in Moscow disappointment, in Kyiv relief. Enough to be happy in Warsaw.”Le Pen has previously been friendly with Russian President Vladimir Putin and there had been fears in Kyiv that she may take a softer approach to Moscow and cut back on the military aid Paris has extended to Ukraine since the war began in February 2022.The outcome, in which no bloc is expected to have an outright majority, has left the country in a “thick fog” of uncertainty, according to one pollster, with the euro dropping around 0.4% from Friday’s levels before clawing back some of its losses.“The best that can be said is that neither the (left-wing) NFP nor (far-right) National Rally will be able to implement their respective electoral manifestos in full, which would most worry investors fretful about France’s fiscal situation,” Alvin Tan of RBC capital markets said. Continue reading…
