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Jordan Bardella, the president of the far-right National Rally, greeted his party’s 125 newly elected lawmakers on Wednesday morning with a few congratulations — and a lot of warnings. “You are a source of pride for millions of French people,” Mr. Bardella told the lawmakers after they entered the National Assembly, France’s lower house of Parliament, to take their seats. One candidate was pulled from the race after a photograph of her wearing a Nazi cap appeared on social media. Several National Rally leaders and analysts said the controversies played a role in the party’s third place finish after it had been widely expected to win. The disappointing election results have now placed the National Rally at a crossroads as it looks toward presidential elections in 2027.
Persons: Jordan Bardella, , Mr, Bardella Organizations: National Assembly, Kremlin, National Rally Locations: France’s
French President Emmanuel Macron broke his silence on the political earthquake that took place in France last weekend, calling on mainstream parties to work together to form a coalition government. In an open letter to regional newspapers on Wednesday, Macron said "no one won" the parliamentary election and called on mainstream parties with "republican values" to form a governing alliance. With just 180 seats, the NFP fell short of achieving an absolute majority of 289 in the 577-seat National Assembly, France's lower house of parliament. Macron's centrist 'Together' bloc came second in the ballot with 163 seats, and RN and its allies won 143 seats. They can reject the nomination of a party, if it's not seen to have enough seats to form a stable government.
Persons: Emmanuel Macron, Macron, France's, That's, Luc Mélenchon —, it's Organizations: CNBC, Front, NFP, National Assembly, French Communist Party, Socialist Party, Greens, France Unbowed Locations: France, Le Touquet
On July 14, 1789 (exactly 235 years ago this Sunday), some idealistic Parisians stormed a not especially crowded prison. They set in train a three-pronged revolution: for individual liberty, for civil equality, and, last and rarest, for communal obligation. In the National Assembly of 1789 and the National Assembly of 2024, some questions never get a final answer. Guillaume Lethière (1760—1832) was a Neoclassical painter of mixed race who has never, until now, been the subject of a solo museum show. Born in the French Caribbean, almost certainly into slavery, he reached the summits of artistic achievement in Paris and Rome.
Persons: égalité, Guillaume Lethière Organizations: National Assembly, Clark Art Institute Locations: French Caribbean, Paris, Rome, France, Caribbean, Europe
Macron said it was “in light of these principles” that he will decide on the appointment of France’s next prime minister. The NFP won 182 seats in the National Assembly, making it the largest group in the 577-seat parliament. In a victory speech Sunday evening near Stalingrad Square in Paris, he said Macron “has the duty” to ask the NFP to form a government. Jean-Luc Mélenchon (right), leader of the far-left France Unbowed party, celebrates the second-round results at a rally in Paris, July 7, 2024. French Prime Minister Gabriel Attal’s offer to resign was on Monday rejected by Macron, leaving him in place in a caretaker role until the new government is formed.
Persons: Emmanuel Macron, Macron, Marine Le, , France’s, Jean, Luc Mélenchon, France Unbowed, Mélenchon, Macron “, Thomas Padilla, Gabriel Attal’s, ” Macron Organizations: CNN, National Assembly, Marine, Front, NFP, Ensemble, France Unbowed, Socialist, AP, Macron, Olympic Locations: gridlock, Sunday’s, France, Stalingrad, Paris, Italy, Germany
watch nowFrench borrowing costs still face a "blowout" over those of Germany, as political and economic reality sets in following the country's parliamentary election, according to veteran investor David Roche. Bond yields move inversely to prices and represent the change in borrowing costs for a government — also indicating long-term investor confidence in the economy. Now, my view is that it will happen," Roche told CNBC's "Squawk Box Europe" on Tuesday. watch nowAlong with economic growth prospects, a key watch-point for investors is France's hefty budget deficit and high debt-to-GDP ratio of 110%. There are about seven major pillars, they suddenly will go absolutely nowhere, which is disastrous for Europe," Roche told CNBC.
Persons: David Roche, Jean, Claude Trichet, , Emmanuel Macron, Roche, CNBC's, shorting, Macron, " Roche Organizations: European Central Bank, CNBC, Quantum, French National Assembly, European Commission, National Locations: Germany, France, Europe, Italy, Ukraine
Expressing himself for the first time three days after deadlocked legislative elections, President Emmanuel Macron of France said on Wednesday that “a little time” would be needed to build a “broad gathering” of what he called “republican forces” able to form a coalition government. Just 16 days from the opening of the Paris Olympics, it was unclear whether Mr. Macron had in mind a delay that would mean no new government was in place when the games begin. For now he has asked Prime Minister Gabriel Attal, whose resignation he rejected, to continue in a caretaker capacity. In a letter to the French people, made public before its scheduled publication on Thursday in regional newspapers, Mr. Macron said of the election he abruptly called last month: “nobody won it.” That seemed certain to irk the New Popular Front, a resurgent left-wing alliance that came in first with about 180 seats in the National Assembly. The alliance was well short of the 289 seats needed for an absolute majority, and was not victorious in the sense of having the means to govern, but the New Popular Front’s leaders said they believed the group won and have said it would name its choice for prime minister this week.
Persons: Emmanuel Macron, , Macron, Gabriel Attal Organizations: Paris, National Assembly, Popular Locations: France
CNN —The mayor of Paris told French radio on Wednesday that she would swim in the city’s River Seine next week, in a bid to show its suitability for the Olympics despite ongoing cleanliness concerns. However, despite a 1.4 billion Euro (1.5 billion USD) clean-up plan, concerns remain over the river’s suitability for swimming events. Mayor Hidalgo – one of the main faces behind the organization of the Paris Olympics – had previously said she would swim in the Seine but postponed the dip following the dissolution of the National Assembly by French President Emmanuel Macron. Macron, who also said he would swim in the Seine, has yet to announce a date. The Opening Ceremony of the Paris Olympics is set to take place on the Seine on July 26 if currents are not too strong.
Persons: Mayor Anne Hidalgo, that’s, Mayor Hidalgo –, Paris Olympics –, Emmanuel Macron, Macron, Marc Guillaume Organizations: CNN, Paris, Mayor, France Inter, Paris Olympics, National Assembly Locations: Seine, Paris
How Emmanuel Macron blew his legacy
  + stars: | 2024-07-09 | by ( Joseph Ataman | ) edition.cnn.com   time to read: +10 min
He’s now staring at what will certainly be his real legacy: Macron opened the door to the far right in France. After a shattering defeat in May’s European Parliament election, his decision to call a snap election has, at least partially, backfired. Emmanuel Macron delivers a speech at the Louvre Museum in Paris after winning the French presidential election in May 2017. Ukrainian President Volodymyr Zelensky, left, and France's Emmanuel Macron shake hands after a press conference on June 16, 2022 in Kyiv, Ukraine. For countless communities in France - French or immigrant - the legacy of one man’s gamble, and the uncertainty that is his legacy, will exact a far higher price.
Persons: Emmanuel Macron, He’s, Macron, Jacques Witt, France –, , , , Charly Triballeau, Volodymyr Zelensky, France's Emmanuel Macron, Alexey Furman, he’s, Trump, Putin –, outmanoeuvre Putin, Jordan Bardella, ” Macron, Pen Organizations: Paris CNN, May’s, Front, National Assembly, Macron, Louvre Museum, Getty, , Putin, NATO, Ukraine, CNN, Ensemble, National Locations: France, Paris, Caen, Normandy, AFP, Europe, Ukraine, Kyiv, lockstep,
President Emmanuel Macron’s centrist Ensemble alliance came in second, preventing the far right from taking power. The stakes couldn’t have been higher, and it is hard to overstate the sense of urgency with which French voters flocked to the polls. It ought to be noted, however, that under half of centrist voters went for the left in a run-off against the far right. Many had assumed that it was a foregone conclusion that the far right would win a majority, absolute or otherwise. On all those occasions, and again last week, many held their noses and voted for the center to keep the far right in check.
Persons: Marie Le Conte, Read, , Emmanuel Macron’s, who’d, Le Pen Organizations: CNN, Front, Greens, Ensemble, National Assembly, Rassemblement, Twitter, Facebook Locations: French, Moroccan, London, British, Vichy, France
Founder of left-wing party La France Insoumise (LFI) Jean-Luc Melenchon reacts during the election night of left-wing party La France Insoumise (LFI) following the first results of the second round of France's legislative election at La Rotonde Stalingrad in Paris on July 7, 2024. After the left-wing's election success in France on Sunday, all eyes are now on radical firebrand Jean-Luc Mélenchon who has demanded the left be given the premiership and a chance to govern following its unexpected election win. The New Popular Front (NFP) coalition — of which Mélenchon is the self-appointed figurehead — won the largest number of seats in the second round of France's snap parliamentary election. Europe had braced itself for France's far-right to win the largest number of votes in the second round of France's snap election. French President Emmanuel Macron's centrist "Together" bloc came in second with 163 seats and the far-right National Rally and its allies won 143 seats.
Persons: Jean, Luc Melenchon, Luc Mélenchon, , Mélenchon, Emmanuel Macron's, Gabriel Attal, Mélenchon —, Hugo Chavez, he'd Organizations: France, La Rotonde, Front, NFP, France Unbowed, Socialist Party, French Communist Party, National Assembly, NATO Locations: La, La Rotonde Stalingrad, Paris, France, Europe
When President Emmanuel Macron defended his decision last month to call snap legislative elections, he argued repeatedly that France needed a “clarification” of its political situation. But on Monday, after the French cast their final ballots, the situation was anything but clear. A nationwide vote for the 577 seats in the National Assembly, the country’s more powerful house of Parliament, has not produced a working majority. Three large blocs have emerged from the elections — none big enough to govern alone, all of them possibly too antagonistic to work together. None has reached the threshold for an absolute majority, 289 seats, which would enable them to form a government that could survive no-confidence votes by their rivals.
Persons: Emmanuel Macron Organizations: National Assembly Locations: France
London CNN —French stocks and government bonds struggled to find direction Monday following surprise results in France’s parliamentary elections, which saw left-wing parties outperform the far right, leaving the country’s parliament facing gridlock. The yield on benchmark 10-year bonds rose by a fraction of a percentage point to 3.21% by 6.37 a.m. But the premium traders demand to hold French bonds instead of the ultra-safe German equivalents was lower on the day. However, it was still a lot higher than before French President Emmanuel Macron called the snap elections on June 9. France’s left-wing alliance came in first after the vote Sunday, while the far right trailed in third place in a shocking reversal of first-round results.
Persons: Emmanuel Macron, Macron, France’s, , Organizations: London CNN, Rabobank, European Union Locations: gridlock, France, Paris
“And now, what do we do?” blared the front page headline of Le Parisien, a daily newspaper, as the shock of Sunday’s election results began to sink in. The day after a historic election, France awoke to final results that none of the polls had predicted. The left-wing coalition’s New Popular Front took the most seats in the National Assembly, but nowhere near enough to form a government, followed by President Emmanuel Macron’s centrist coalition, which lost scores of seats. Finally, in third place, was the party that pollsters and pundits alike had expected to lead — the far-right National Rally. Now the question gripping the country was who would govern France, and how.
Persons: Le Parisien, Emmanuel Macron’s Organizations: National Assembly Locations: France
London CNN —French stocks and government bonds struggled to find direction Monday following surprise results in France’s parliamentary elections, which saw left-wing parties outperform the far right Sunday, leaving the country’s parliament facing gridlock. The yield, or return sought by investors, on benchmark 10-year bonds rose by a fraction of a percentage point to 3.22% by 8.09 a.m. But the premium traders demand to hold French bonds instead of the ultra-safe German equivalents was lower on the day. However, it was still a lot higher than before French President Emmanuel Macron called the snap elections on June 9. The value of the currency, which is shared by 19 other countries in the EU, has swung wildly since June 9.
Persons: Emmanuel Macron, Macron, France’s, , , Holger Schmieding, “ unaffordable, Schmieding, Hanna Ziady Organizations: London CNN, European Union, Rabobank, EU Locations: gridlock, Europe’s, , France, Paris,
While a surge in support for the left-wing New Popular Front (NFP) coalition foiled Marine Le Pen’s far-right National Rally (RN) party, French politics is now more disordered than it was before the vote. The NFP won 182 seats in the National Assembly, making it the largest group in the 577-seat parliament. And the RN and its allies, despite leading the first round, won 143 seats. Does that mean the NFP “won” the election? Now, it is the largest bloc in the French parliament and could provide France with its next prime minister.
Persons: Emmanuel Macron, Le, , NFP “, Jordan Bardella, Le Pen, , ” Bardella, Kevin Coombs, Macron, Publique, – Jean, Luc Mélenchon, Raphael Glucksmann, Emmanuel Dunand, Éduoard Philippe, France’s, Brigitte Macron, Mohammed Badra, Gabriel Attal’s, France Unbowed, Mario Draghi, Benito Mussolini Organizations: CNN, Front, NFP, National Assembly, Ensemble, , Reuters, Socialists, Getty Locations: Vichy, France, Paris, AFP, Le Touquet, , Italy
France could be headed for sustained political deadlock after no party or alliance of parties appeared to have won an absolute majority of parliamentary seats, according to projections by French polling institutes based on preliminary results. The immediate way forward is unclear, experts said, but the country could be headed for months of political instability, with President Emmanuel Macron facing a deeply divided Parliament, including two blocs firmly opposed to him. “Without an absolute majority, the government will be at the mercy of opposition parties banding together” to topple it, said Dominique Rousseau, an emeritus professor of public law at the Panthéon-Sorbonne University in Paris. The projections suggested that the National Assembly, France’s lower house of Parliament, will be roughly divided into three main blocs with conflicting agendas and, in some cases, deep animosity toward one another.
Persons: Emmanuel Macron, Dominique Rousseau Organizations: Sorbonne University, National Assembly Locations: France, Paris
By doing so, Macron hoped the voters would establish a stronger mandate in the lower house and strengthen his influence on the world stage. AdvertisementThe New York Times reported that Macron, without a majority in the lower house and relegated to political maneuvering, said his decision was inevitable. On June 30, the National Rally Party again dealt a huge blow to Macron's Renaissance party and its allies by securing 33% of votes in the first round of voting, which saw a high turnout. AdvertisementMacron's centrist coalition, the Ensemble, which includes the Renaissance party, came in second with a projected 148 seats, while the far-right National Rally came in third with 142 seats. Jean-Luc Mélenchon, leader of the left-wing alliance, called the results an "immense relief for a majority of people in our country," the AP reported.
Persons: , Emmanuel Macron's, Macron, Pen, Jean, Luc Mélenchon Organizations: Service, Rally, National, Marine, Renaissance, Business, National Assembly, New York Times, National Rally Party, Associated Press, Times, New, The Times, AP Locations: France, Nazi
A woman steps out of a polling booth prior to cast her vote in the first round of parliamentary elections in Le Touquet, northwestern France, on June 30, 2024. LONDON — France's left-wing New Popular Front coalition is set to unexpectedly win the most seats in the second round of the country's parliamentary election but fail to clinch an absolute majority, early data showed. By offering voters a starker choice and fewer candidates, RN's opponents hoped that the electorate would choose the non-RN candidate. The prime minister must leave," Jean-Luc Melenchon, leader of the France Unbowed party, said in a CNBC-translated social media update after the release of the early poll data. The final round of the election shows that voters, ultimately, have rejected Macron.
Persons: France's, France Unbowed, Ipsos, Emmanuel Macron's, , pollster Ipsos, Jean, Luc Melenchon, Macron, Melenchon, Macron's Organizations: LONDON, Popular Front, Socialists, CNBC, NFP, National Rally Locations: Le Touquet, France, Europe's
PinnedThe left was set to surge in legislative elections in France on Sunday and the far right to come up short of expectations, according to early projections, as no party secured an absolute majority. The New Popular Front and Mr. Macron’s centrist bloc then withdrew candidates from more than 200 races to avoid dividing support. Their strategy appeared to have succeeded in denying the National Rally an absolute majority, according to the projections. “Today the National Rally made the biggest breakthrough in its history,” Mr. Bardella told supporters in Paris. “Unfortunately,” he added, “dangerous electoral deals” made by Mr. Macron’s allies and the left had “deprived” the country of a far-right government.
Persons: Emmanuel Macron’s, Jordan Bardella, ” Mr, Bardella, , Macron’s Organizations: jockeying, National Assembly, National, , Rally Locations: France, Paris
The bloc brings together five different parties. Far-left France Unbowed and the Communist party has joined with the center-left parties, the socialists and the greens to form a New Popular Front. It’s equally hard to imagine how the current constellation would allow France to play an important role regarding Ukraine. The left has remained relatively quiet on Ukraine - different parties from the coalition have slightly different stances - France Unbowed is against what it calls “escalation” with Russia. Macron’s gamble may have prevented the far right from coming to power, but it could yet plunge the country into chaos.
Persons: CNN — “, Emmanuel Macron, France’s, Jordan Bardella, Macron, Le Pen, it’s Organizations: CNN, la Republique, NFP, France Unbowed, Communist, National Assembly Locations: la, Paris, France, Ukraine, Macron, Russia, Macron’s
CNN —In a surprise second-round result, the left-wing New Popular Front is projected to finish ahead of Marine Le Pen’s far-right party in French parliamentary elections, according to an IPSOS estimate. Despite leading after the first round of votes, the far-right National Rally (RN) was projected to win between 132 and 152 seats. But Sunday’s projection comes as a huge upset and shows French voters’ overwhelming desire to keep the far right from gaining power. After the first round, an unprecedented number of seats – over 300 – went to a three-way runoff between Ensemble, the NFP and the RN. By Tuesday, more than 200 centrist and left-wing candidates withdrew from the second round, in a bid to avoid splitting the vote.
Persons: Le, , Emmanuel Macron’s, Cheers, Luc Mélenchon, France Unbowed, ” Mélenchon, Bois de Vincennes, Jordan Bardella, Macron Organizations: CNN, NFP, Socialists, National Assembly, Ensemble Locations: France, Vichy, Paris, Stalingrad, Bois de
Francois Lo Presti | Afp | Getty ImagesFrench voters are heading to the polls on Sunday for the second and final round of voting in a snap parliamentary election. By offering voters a starker choice and fewer candidates, RN's opponents hope that the electorate will opt for the non-RN candidate. "For instance, former Prime Minister Edouard Philippe has said voters should vote neither for the RN nor candidates from the far-left France Unbowed (LFI) party. At the same time, current Prime Minister Gabriel Attal has called for everyone to vote against the RN." If the choice was between a far-left and far-right candidate, however, the picture was more nuanced, showing a split vote.
Persons: Francois Lo Presti, Emmanuel Macron's, Jordan Bardella, Antonio Barroso, Edouard Philippe, Gabriel Attal, Ifop, Teneo's Barroso, Harris, Emmanuel Macron, Xi Jinping, Mohammed Badra, Macron, Teneo, Julien De Rosa Organizations: French, Afp, Getty, National Assembly, Front, NFP, Le, Palais des Sports, Nurphoto, Research, Harris Interactive, Reuters, Republicans, Macron's, Chinese Business Council, National Locations: Henin, Beaumont, France, Paris, Franco, Marigny, Garches
“Without an absolute majority, the government will be at the mercy of opposition parties banding together” to topple it, said Dominique Rousseau, an emeritus professor of public law at the Panthéon-Sorbonne University in Paris. It was not clear whether the centrists or the right-wing National Rally would be the second-largest bloc. When it wasn’t, Mr. Macron’s government came dangerously close to falling. This time, Mr. Macron’s options appear far more limited. Some analysts believe that Mr. Macron’s position will become so untenable he will have to resign, but he has said he won’t.
Persons: Emmanuel Macron, Dominique Rousseau, , Samy Benzina, Macron, Macron’s, Jean, Luc Mélenchon Organizations: Sorbonne University, National Assembly, University of Poitiers, French, Greens Locations: France, Paris
The newly-formed left-wing coalition, the New Popular Front (NFP), came second with 28%, while Macron’s Ensemble alliance trailed in a distant third with 21%. In the outgoing parliament, Macron’s alliance had only 250 seats, and so needed support from other parties to pass laws. In an attempt not to split the anti-far right vote, more than 200 candidates from Macron’s alliance and the NFP agreed to stand down in the second round. Whatever the result of Sunday’s vote, France seems set to endure a period of political chaos, with Macron unable to call another parliamentary election for at least a year. Jordan Bardella speaks at the RN headquarters in Paris after the first round of voting, June 30, 2024.
Persons: Emmanuel Macron, , Jordan Bardella, Bardella, Gerald Darmanin, Sarah Meyssonnier, Macron, Jean, Luc Melenchon, Raphael Gluckmann, Gabriel Attal, Macron’s Organizations: CNN — Voters, Front, NFP, National Assembly, Macron’s, France Unbowed, Melenchon Locations: France, Vichy, Paris, Europe, Brussels, Ukraine
France’s Snap Election Enters Its Final Hours
  + stars: | 2024-07-06 | by ( Aurelien Breeden | ) www.nytimes.com   time to read: +1 min
Voters in France will cast ballots on Sunday in the final round of snap legislative elections. The results could force President Emmanuel Macron to govern alongside far-right opponents or usher in chronic political instability weeks before the Paris Summer Olympics. Most polls close at 6 p.m. local time on Sunday, or as late as 8 p.m. in larger cities. The first round of voting was dominated by the nationalist, anti-immigration National Rally party. An alliance of left-wing parties called the New Popular Front came in a strong second, while Mr. Macron’s party and its allies came in third.
Persons: Emmanuel Macron, Macron, Will Organizations: Paris, National Assembly, Rally Locations: France
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