Macron loses grip on power as far-right National Rally surges in French elections

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Macron loses grip on power as far-right National Rally surges in French elections - Business Mirror

Quick Summary:

Already on Sunday night, the far-right’s opponents were strategizing how to concentrate votes against the National Rally in round two, planning in some districts to pull their candidates out to increase the chances of another candidate beating a far-right rival.

The far right’s more confrontational approach to the European Union, its plans to roll back Macron’s pension reforms and National Rally promises to boost voters’ spending power without clearly detailing how it would pay for the pledge could also spook European financial markets.

Securing a parliamentary majority would enable National Rally leader Marine Le Pen to install her 28-year-old protege, Jordan Bardella, as prime minister and would crown her yearslong rebranding effort to make her party less repellent to mainstream voters.