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A surprising election result – again!
There are those who believe that the old style of governemnt is impervious and any challenge is therefore doomed to failure. With a typical Gallic shrug France has said NON to that concept and has placed Emmanuel Macron, a fresh faced candidate with neither left nor right principles, within touching distance of the top job.
In France, the election process is somewhat similar to the US version where the first round merely eliminates also ran candidates leaving the two leaders to then fight it out over the following two week period.
So it transpired that the far right party of Marine le Pen found themselves up against this youth who had no previous political experience and who denied any allegiance to any other established political organisation.
France went to the polls and delivered a shock result.
As a reaction to that Marin Le Pen has resigned from her position as leader of the National Front which was established by her father.
Is it too little too late?
Two opinion polls yesterday gave Mr Macron between 61 and 64 per cent of the final vote
Despite that strong position his advisers are anxious to avoid the appearance of complacency. Nathalie Kosciusko-
Who is he?
Unlike Le Pen who would throw out all old associations and would give serious consideration to a FREXIT, Macron is a strong advocate of the European Union and so his election success would mean a tougher negotiation for Teresa May. There would be no soft deals available and Britain could well find itself further isolated as France injects significant credibility back into the EU.
How does France align itself?
It makes an interesting political map. If you were to draw a centre line down through France from north to south you would have a reasonable representation of how the country voted, with the far right being on the right of the map and the left and centre parties being on the left.
It is also significant that all the other parties who have failed to make it into the final vote have aligned themselves with Macron.
What does that mean beyond France?
From a financial perspective, it is likely that the success of Macron would cause some damage to Sterling as the strong no-
How is le Pen reacting?
While Macrons party, En Marche, pushes a liberal, pro-
Her campaign agenda includes
Negotiation with Brussels on a new agreement and a FREXIT referendum
"Automatic" expulsion of illegal immigrants and legal immigration cut to 10,000 per year following an immediate total moratorium
"Extremist" mosques closed and priority to French nationals in social housing
Retirement age fixed at 60 and 35-
Following the first-
The final vote takes place on May 7th and until then there will be many nervous onlookers.
For Emmanuel Macron could it be -
“Le jour de gloire est arrivé!”
He is a young man who revels in the fact that he has no political experience. “The old regimes have nothing left to offer France!” is his clarion call.
He is also a strong advocate of the European Union and for those who support the Brexit process his election could be bad news.
They have nothing left to offer France!
So why is this relevant?!
And what about the Front National?
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