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Free AccessMacron Party, Left-Wing Bloc Neck And Neck In First Round Of Legislative Election
President Emmanuel Macron's Ensemble alliance and Jean-Luc Melenchon's NUPES bloc are neck-and-neck in the first round of France's legislative election, preliminary results showed.
- Estimates by Ipsos put Nupes on 25.6%, narrowly ahead Ensemble on 25.2%, as the left-wing alliance performed better than expected and looks to increase its presence in parliament. Ifop puts both blocs on 25.9%. Projections suggest that Ensemble is set to clinch the most seats after the second round but its absolute majority in the National Assembly is at risk.
- Ipsos' Mathieu Doiret told France24 that the election "confirms the fact that Ensemble (Macron's coalition) is now the centre-right" and "Should Macron's coalition fail to win an outright majority, an alliance with the rump of the Republicains is the most likely outcome."
- French MPs are elected in 577 single-member constituencies. If no candidate in a given constituency receives an absolute majority of votes and wins the backing of at least 25% of eligible voters, candidates picked by at least 12.5% of eligible voters proceed to the second round. The run-off is slated for next Sunday (June 19).
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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.