Berliner Boersenzeitung - France's Macron begins battle to defeat Le Pen

EUR -
AED 4.080678
AFN 76.67633
ALL 99.084024
AMD 430.547845
ANG 2.003488
AOA 1035.986529
ARS 1072.370092
AUD 1.622155
AWG 2.002544
AZN 1.890673
BAM 1.956472
BBD 2.244601
BDT 132.845617
BGN 1.954492
BHD 0.418742
BIF 3222.835689
BMD 1.110981
BND 1.435606
BOB 7.698644
BRL 6.152284
BSD 1.111682
BTN 92.868626
BWP 14.637026
BYN 3.637549
BYR 21775.237333
BZD 2.2408
CAD 1.502075
CDF 3188.5166
CHF 0.940491
CLF 0.037155
CLP 1025.224793
CNY 7.838418
CNH 7.835925
COP 4623.627243
CRC 576.497962
CUC 1.110981
CUP 29.44101
CVE 110.302877
CZK 25.139244
DJF 197.96065
DKK 7.458263
DOP 66.792936
DZD 147.285599
EGP 54.060913
ERN 16.664722
ETB 132.530709
FJD 2.467263
FKP 0.846078
GBP 0.832131
GEL 3.016291
GGP 0.846078
GHS 17.487005
GIP 0.846078
GMD 76.65806
GNF 9604.38447
GTQ 8.59903
GYD 232.579865
HKD 8.652318
HNL 27.599477
HRK 7.553575
HTG 146.511629
HUF 394.820406
IDR 16860.310742
ILS 4.206698
IMP 0.846078
INR 92.788897
IQD 1456.313187
IRR 46763.987035
ISK 151.71531
JEP 0.846078
JMD 174.659976
JOD 0.787351
JPY 159.531392
KES 143.405502
KGS 93.600247
KHR 4516.591593
KMF 490.331859
KPW 999.882717
KRW 1481.888207
KWD 0.338905
KYD 0.926426
KZT 534.528361
LAK 24547.429268
LBP 99551.084548
LKR 338.649336
LRD 222.338349
LSL 19.33614
LTL 3.28044
LVL 0.672021
LYD 5.278884
MAD 10.771299
MDL 19.382656
MGA 5048.73367
MKD 61.55586
MMK 3608.424564
MNT 3775.115076
MOP 8.915442
MRU 44.023117
MUR 50.793914
MVR 17.065084
MWK 1927.661934
MXN 21.572384
MYR 4.640019
MZN 70.935892
NAD 19.336314
NGN 1795.401857
NIO 40.914418
NOK 11.638914
NPR 148.588023
NZD 1.771985
OMR 0.427675
PAB 1.111682
PEN 4.178735
PGK 4.415516
PHP 62.193301
PKR 308.936385
PLN 4.272505
PYG 8653.088188
QAR 4.050891
RON 4.975862
RSD 117.088538
RUB 101.622969
RWF 1500.11512
SAR 4.168282
SBD 9.220398
SCR 15.314904
SDG 668.259091
SEK 11.325357
SGD 1.434116
SHP 0.846078
SLE 25.382931
SLL 23296.72078
SOS 635.31816
SRD 33.813275
STD 22995.073917
SVC 9.727428
SYP 2791.374269
SZL 19.327637
THB 36.631266
TJS 11.817264
TMT 3.888435
TND 3.371658
TOP 2.602033
TRY 37.951483
TTD 7.558664
TWD 35.582851
TZS 3032.979372
UAH 46.030306
UGX 4112.412149
USD 1.110981
UYU 46.266304
UZS 14151.859565
VEF 4024588.83623
VES 40.847215
VND 27377.36153
VUV 131.897955
WST 3.107929
XAF 656.182324
XAG 0.035835
XAU 0.000422
XCD 3.002483
XDR 0.822382
XOF 656.191187
XPF 119.331742
YER 278.106439
ZAR 19.24826
ZMK 10000.179125
ZMW 29.487524
ZWL 357.735589
  • NGG

    0.9300

    70.48

    +1.32%

  • BCC

    4.1500

    141.65

    +2.93%

  • RBGPF

    62.3600

    62.36

    +100%

  • CMSC

    -0.0800

    25.07

    -0.32%

  • SCS

    0.0900

    13.01

    +0.69%

  • BCE

    0.0600

    35.1

    +0.17%

  • GSK

    0.0600

    40.86

    +0.15%

  • CMSD

    -0.0150

    25.005

    -0.06%

  • RIO

    1.0100

    64.58

    +1.56%

  • BTI

    0.4600

    37.9

    +1.21%

  • RYCEF

    0.0200

    7.08

    +0.28%

  • RELX

    0.8700

    48.86

    +1.78%

  • JRI

    -0.0200

    13.3

    -0.15%

  • VOD

    0.1000

    10.11

    +0.99%

  • AZN

    -1.2400

    77.14

    -1.61%

  • BP

    0.2200

    32.86

    +0.67%

France's Macron begins battle to defeat Le Pen
France's Macron begins battle to defeat Le Pen

France's Macron begins battle to defeat Le Pen

French President Emmanuel Macron Monday embarked on a final fortnight of bruising campaigning against far-right rival Marine Le Pen for a French presidential election run-off whose outcome is far more uncertain than their encounter five years ago.

Text size:

With final results in, Macron came first in Sunday's first round of voting with 27.85 percent. Le Pen was second with 23.15 percent. As the top two finishers, they advance to a second round on April 24.

Far-left candidate Jean-Luc Melenchon came close, after a late surge gave him a score of just under 22 percent.

The duel between Macron and Le Pen is a re-run of the 2017 election final from which Macron emerged victorious with 66 percent -- but this time polls predict a closer contest which will crucially hinge on voters who backed other candidates in the first round.

Making an aggressive start to the next phase of the campaign, Macron visited Denain, a small town in northern France where he came only third on Sunday behind Le Pen and Melenchon.

"I am here today to convince but also to listen," said Macron, who is sometimes labelled "president of the rich" by opponents, as he walked about in the town.

"I hear the divisions and the splits and it's my job to rally people around," he said, adding that he would reach out to all the first round losers over coming days.

Le Monde daily headlined: "Macron-Le Pen -- A more uncertain Act II."

- 'Work for it' -

Le Pen is set to meet her campaign team before resuming her months-long grassroots efforts in small towns and rural France later in the week.

"A sad repetition," left-leaning daily Liberation called the Macron-Le Pen duel on Monday, adding: "This time it's really scary."

Polls gauging second-round voting intentions mostly point to around 53 percent for Macron and 47 percent for Le Pen.

One poll, however, by the Ifop-Fiducial group suggested Macron could have only a razor-thin win with 51 percent versus 49 percent.

"The second round is the hardest one," said Finance Minister Bruno Le Maire on RTL radio. "Everything begins again with a new campaign."

Both candidates will now scramble to woo voters of their defeated first-round rivals.

"We're going to have to win over the French people who didn't vote for Emmanuel Macron in the first round," government spokesman Gabriel Attal told the France Inter broadcaster on Monday.

In an early boost for the president, Communist Party candidate Fabien Roussel, Socialist Anne Hidalgo, Yannick Jadot of the Greens and right-wing Republicans candidate Valerie Pecresse said they would vote for him to prevent the far-right leader coming to power.

Melenchon told his supporters not to give a "single vote" to Le Pen, but stopped short of backing Macron directly.

"If Macron wants to convince our voters, he's going have to work for it," said Melenchon's campaign director, Manuel Bompard.

Meanwhile Le Pen's far-right rival Eric Zemmour, who garnered just over seven percent on Sunday, threw his weight behind her.

A pivotal moment in the next stage of the campaign will come on April 20 when the two candidates take part in a live TV debate, just like five years ago when a better-prepared Macron won the day.

But this time will be different, said Brice Tenturier, a political scientist. Macron, he said, "is no longer the new candidate representing a kind of freshness" while Le Pen "is no longer the person people automatically reject".

- 'Critical state' -

Part of the battle will be to mobilise the 25 percent of registered voters who abstained in the first round.

The candidates from France's traditional parties of government -- the Socialists and the Republicans -- suffered humiliating defeats.

Sunday's vote spelled disaster for Socialist Hidalgo, the mayor of Paris, who won only 1.75 percent, a historic low for the party which only a decade ago won the presidency.

The vote for the right-wing Republicans party, headed by nominee Valerie Pecresse, collapsed to 4.78 percent from 20 percent in 2017.

On Monday, Pecresse confessed her campaign finances, which included five million euros ($5.5 million) of her own money, were in a "critical" state, and called for donations from supporters.

Public campaign spending reimbursements are drastically reduced for candidates who fail to reach five percent.

The election has been overshadowed by the war in Ukraine, with surging prices of everyday goods making the cost of living a key issue.

Its outcome could have major implications for the European Union, which Le Pen says she wants to radically reform. She has also said she wants to pull out of NATO's joint military command.

While her opponents accuse her of being divisive and racist, Le Pen has sought to project a more moderate image in this campaign and has focused on voters' daily worries over inflation.

But Macron is expected to target her past proximity with Russian leader Vladimir Putin, her policies on the EU, as well as the cost of her economic programme that includes massive tax cuts.

burs-jh/sjw/ach

(L.Kaufmann--BBZ)