June 12, 2024 15:51 GMT
MNI POLITICAL RISK ANALYSIS-French Election Analyst Round-Up
President Emmanuel Macron’s decision to dissolve the National Assembly and call snap legislative elections has seen a significant market reaction. The evident prospect of the far-right winning a majority has added significant uncertainty to France’s political outlook.
French President Emmanuel Macron’s decision to dissolve the National Assembly and call snap legislative elections in the wake of the poor performance of his party in the European Parliament elections has seen a significant market reaction. The evident prospect of the far-right Rassemblement National (National Rally, RN) winning the most seats, or even a majority, has added significant uncertainty to France’s political outlook.
- Given its position as one of the two largest eurozone economies, major foreign policy player in the EU, and a NATO nuclear power, the outcome of the election will have ramifications in financial markets and the political landscape outside France’s borders. In this article we highlight key views from a range of analysts writing in the hours and days following the election announcement.
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