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Free AccessEmmanuel Macron Set To Win Second Term
French President Emmanuel Macron garnered about 58% of the vote in the runoff against his right-wing rival Marine Le Pen, exit polls showed.
- While early projections will be revised as the vote count progresses, the gap is wide enough to virtually guarantee Macron's re-election.
- Le Pen conceded defeat right after the exit polls came out, but still claimed that the result was a victory for her political movement.
- Once Macron's victory is officially confirmed, he will become the first French President in two decades to win re-election.
- The odds of Le Pen beating the incumbent were rather thin and her victory would have had grave consequences for politics in Europe and beyond.
- The abstention rate was estimated at around 28%, quite high by local standards, reflecting public disillusionment with mainstream politics.
- Health Minister Veran told BFM TV that "there will be continuity in government policy because the president has been reelected. But we have also heard the French people's message".
To read the full story
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.