Berliner Boersenzeitung - Macron seeks majority in parliament vote as left mounts challenge

EUR -
AED 4.102105
AFN 75.943776
ALL 98.559302
AMD 432.564919
ANG 2.012493
AOA 1053.718626
ARS 1078.246379
AUD 1.615995
AWG 2.013058
AZN 1.903018
BAM 1.956263
BBD 2.254705
BDT 133.431563
BGN 1.95567
BHD 0.420474
BIF 3227.592984
BMD 1.116814
BND 1.432422
BOB 7.716309
BRL 6.068661
BSD 1.116649
BTN 93.443216
BWP 14.597564
BYN 3.654164
BYR 21889.557957
BZD 2.250874
CAD 1.510324
CDF 3199.673034
CHF 0.93949
CLF 0.036393
CLP 1004.183913
CNY 7.830771
CNH 7.796932
COP 4662.174305
CRC 579.581211
CUC 1.116814
CUP 29.595576
CVE 110.844247
CZK 25.143401
DJF 198.480656
DKK 7.45943
DOP 67.511856
DZD 147.632829
EGP 53.951777
ERN 16.752213
ETB 133.128577
FJD 2.438568
FKP 0.85052
GBP 0.835251
GEL 3.038171
GGP 0.85052
GHS 17.612595
GIP 0.85052
GMD 76.506072
GNF 9640.902719
GTQ 8.637546
GYD 233.589897
HKD 8.680271
HNL 27.775602
HRK 7.593232
HTG 147.162717
HUF 397.072547
IDR 16891.646973
ILS 4.130236
IMP 0.85052
INR 93.498064
IQD 1463.026578
IRR 47023.461504
ISK 150.960204
JEP 0.85052
JMD 175.431498
JOD 0.791491
JPY 158.761881
KES 144.069421
KGS 94.039997
KHR 4539.850039
KMF 493.213107
KPW 1005.13213
KRW 1463.356082
KWD 0.34064
KYD 0.930595
KZT 535.615475
LAK 24662.053383
LBP 100066.551049
LKR 333.41887
LRD 216.410712
LSL 19.192495
LTL 3.297662
LVL 0.67555
LYD 5.294124
MAD 10.82556
MDL 19.447167
MGA 5082.621727
MKD 61.575479
MMK 3627.368897
MNT 3794.934539
MOP 8.941976
MRU 44.354319
MUR 51.318034
MVR 17.154688
MWK 1938.789804
MXN 22.01096
MYR 4.606902
MZN 71.336549
NAD 19.192495
NGN 1863.393714
NIO 41.102919
NOK 11.731184
NPR 149.506067
NZD 1.761259
OMR 0.429471
PAB 1.116634
PEN 4.187052
PGK 4.437666
PHP 62.551688
PKR 310.143432
PLN 4.278011
PYG 8716.061777
QAR 4.066042
RON 4.979097
RSD 117.161668
RUB 105.231058
RWF 1487.59649
SAR 4.189354
SBD 9.261119
SCR 14.79953
SDG 671.767835
SEK 11.26907
SGD 1.429415
SHP 0.85052
SLE 25.516192
SLL 23419.029236
SOS 637.701275
SRD 34.286758
STD 23115.798718
SVC 9.770311
SYP 2806.029064
SZL 19.192494
THB 36.151687
TJS 11.881355
TMT 3.90885
TND 3.394561
TOP 2.615695
TRY 38.121675
TTD 7.585372
TWD 35.28057
TZS 3048.90309
UAH 45.967974
UGX 4125.289807
USD 1.116814
UYU 46.821075
UZS 14225.424679
VEF 4045718.043587
VES 41.120607
VND 27484.797006
VUV 132.590423
WST 3.124246
XAF 656.162155
XAG 0.035308
XAU 0.000421
XCD 3.018247
XDR 0.826043
XOF 657.249161
XPF 119.331742
YER 279.566552
ZAR 19.115571
ZMK 10052.671816
ZMW 29.530836
ZWL 359.613711
  • RBGPF

    64.7500

    64.75

    +100%

  • GSK

    -0.1900

    40.71

    -0.47%

  • CMSC

    0.0300

    25.14

    +0.12%

  • CMSD

    -0.0300

    25.08

    -0.12%

  • SCS

    0.0400

    13.25

    +0.3%

  • RELX

    -0.5300

    47.56

    -1.11%

  • RYCEF

    0.0100

    7.05

    +0.14%

  • RIO

    0.4800

    71.23

    +0.67%

  • BTI

    -0.2369

    36.84

    -0.64%

  • BP

    0.6300

    31.42

    +2.01%

  • NGG

    -0.3300

    69.73

    -0.47%

  • VOD

    0.0500

    10.09

    +0.5%

  • BCE

    0.3600

    35.19

    +1.02%

  • BCC

    1.1800

    141.49

    +0.83%

  • AZN

    -0.5600

    77.62

    -0.72%

  • JRI

    0.1200

    13.58

    +0.88%

Macron seeks majority in parliament vote as left mounts challenge
Macron seeks majority in parliament vote as left mounts challenge / Photo: Caroline BLUMBERG - POOL/AFP

Macron seeks majority in parliament vote as left mounts challenge

France voted in the first round of parliamentary elections on Sunday with President Emmanuel Macron hoping to win a majority backing his reform plans while a resurgent and newly unified left seeks to thwart his ambitions.

Text size:

Elections for the 577 seats in the lower house National Assembly are a two-round process, with the shape of the new parliament becoming clear only after the second round on June 19.

The ballots provide a crucial coda to April's presidential election, when Macron won a second term and pledged a transformative new era after a first mandate dominated by protests, the coronavirus pandemic and Russia's war against Ukraine.

After a dismal performance in April, the French left has united in a coalition for what its leader Jean-Luc Melenchon dubs "the third round" of the presidential elections.

Opinion polls show the president's centrist alliance, Ensemble (Together), and Melenchon's NUPES coalition of hard left, Socialists, Communists and Greens neck-and-neck in the popular vote -- although the actual breakdown of parliamentary seats will depend on turnout in the second round.

- 'Gardening instead' -

The abstention rate is predicted to be well over 50 percent in the first round, in what would be a new record for elections already marked by feeble participation in recent years.

At midday (1000 GMT) turnout was 18.43 percent, according to an interior ministry estimate, down 0.8 points from the last election in 2017.

"I voted tactically in the presidential election, and that didn't change a thing," unemployed 59-year-old Alain Mendez told AFP at an outdoor cafe in Toulouse, southwestern France. "So today I'd rather do my gardening instead, and cook for my grandchildren."

If the president's alliance retains an overall majority, Macron will be able to carry on governing as before.

Falling short could prompt messy bill-by-bill deals with right-wing parties in parliament, or an unwanted cabinet reshuffle.

A win by the left-wing alliance –- seen as unlikely by analysts -- would spell political disaster for the president by raising the spectre of a clunky "cohabitation" -- where the prime minister and president hail from different factions.

Such a set-up has has paralysed French politics in the past, most recently from 1997 to 2002 when right-wing president Jacques Chirac ruled in tandem with Socialist Lionel Jospin as premier.

Melenchon, a former Marxist, has already made clear his ambition to become prime minister and stymie Macron's plan to raise the French retirement age, a key part of his reform plans.

- 'Can't get anything done' -

Polls have indicated that Macron's alliance is expected to win the largest number of seats but is by no means assured of getting over the line of 289 for an absolute majority.

"Some people say that parliamentary elections aren't important but that's not true," Arnaud, a 40-year old engineer, told AFPTV as cast his vote in central Paris. "If the president doesn't win a majority he can't get anything done."

While Macron and his European Union allies breathed a heavy sigh of relief after his solid, if unspectacular, presidential victory against far-right leader Marine Le Pen, the last weeks have brought no sense of a honeymoon.

Energy and food prices are soaring in France as elsewhere in Europe, the treatment of English fans at the Champions League final in Paris damaged France's image abroad and Macron has been accused by Ukraine of being too accommodating to Russia.

His new Disabilities Minister Damien Abad has faced two rape accusations –- which he has vehemently denied –- while new Prime Minister Elisabeth Borne has yet to make an impact.

Macron has made clear that ministers who are standing in the election -- including Borne, who is making her first attempt at winning a seat -- will have to step down if they lose.

Macron's party and his allies currently hold an absolute majority of 345 seats in the 577-seat assembly.

Under France's system, a candidate needs over half the vote on the day as well as the backing of at least 25 percent of registered voters in a constituency to be elected outright in the first round.

Otherwise the top two candidates in a constituency, as well as any other candidate who won the backing of at least 12.5 percent of registered voters, go forward to the second round, where the candidate with the most votes wins.

burs-jh/yad

(L.Kaufmann--BBZ)