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

EUR -
AED 3.972516
AFN 70.775385
ALL 98.637821
AMD 418.731325
ANG 1.949108
AOA 985.834209
ARS 1063.405362
AUD 1.62487
AWG 1.949486
AZN 1.842752
BAM 1.949906
BBD 2.183599
BDT 129.239335
BGN 1.955894
BHD 0.40771
BIF 3125.667066
BMD 1.081546
BND 1.419632
BOB 7.488429
BRL 6.15345
BSD 1.081421
BTN 90.904566
BWP 14.427587
BYN 3.539136
BYR 21198.295671
BZD 2.179639
CAD 1.496443
CDF 3076.997303
CHF 0.93608
CLF 0.037325
CLP 1029.901676
CNY 7.699311
CNH 7.699843
COP 4626.582108
CRC 556.11896
CUC 1.081546
CUP 28.660961
CVE 110.639511
CZK 25.272455
DJF 192.212425
DKK 7.457584
DOP 65.352412
DZD 144.674032
EGP 52.63753
ERN 16.223185
ETB 128.274912
FJD 2.421252
FKP 0.827565
GBP 0.832979
GEL 2.942141
GGP 0.827565
GHS 17.413569
GIP 0.827565
GMD 75.708045
GNF 9328.331877
GTQ 8.362721
GYD 226.128233
HKD 8.40745
HNL 27.092593
HRK 7.450801
HTG 142.348392
HUF 401.434616
IDR 16831.014145
ILS 4.089243
IMP 0.827565
INR 90.939445
IQD 1416.824864
IRR 45535.778067
ISK 149.102536
JEP 0.827565
JMD 171.860499
JOD 0.766825
JPY 162.930551
KES 139.519187
KGS 92.471352
KHR 4391.07575
KMF 492.265548
KPW 973.390884
KRW 1491.732321
KWD 0.331515
KYD 0.901163
KZT 521.488549
LAK 23720.996559
LBP 96852.416864
LKR 317.069833
LRD 207.926942
LSL 19.056751
LTL 3.193523
LVL 0.654216
LYD 5.202167
MAD 10.707845
MDL 19.356074
MGA 4969.702187
MKD 61.533048
MMK 3512.818237
MNT 3675.09231
MOP 8.656851
MRU 42.991552
MUR 49.665144
MVR 16.612847
MWK 1877.023244
MXN 21.583623
MYR 4.664165
MZN 69.056576
NAD 19.056552
NGN 1772.707266
NIO 39.747188
NOK 11.846522
NPR 145.459923
NZD 1.795853
OMR 0.41632
PAB 1.081296
PEN 4.06339
PGK 4.312934
PHP 62.357565
PKR 300.398725
PLN 4.320028
PYG 8567.024339
QAR 3.937364
RON 4.973487
RSD 117.032714
RUB 104.69602
RWF 1460.086692
SAR 4.062634
SBD 8.976101
SCR 14.730691
SDG 650.592911
SEK 11.427163
SGD 1.424055
SHP 0.827565
SLE 24.707894
SLL 22679.469045
SOS 617.562799
SRD 35.92354
STD 22385.812306
SVC 9.462397
SYP 2717.416301
SZL 19.057289
THB 36.25395
TJS 11.521634
TMT 3.78541
TND 3.363067
TOP 2.533088
TRY 37.044127
TTD 7.338681
TWD 34.680953
TZS 2947.212009
UAH 44.678333
UGX 3964.017545
USD 1.081546
UYU 45.033871
UZS 13868.117023
VEF 3917956.107638
VES 42.323455
VND 27368.513876
VUV 128.40331
WST 3.029609
XAF 653.898771
XAG 0.032063
XAU 0.000397
XCD 2.922931
XDR 0.811047
XOF 654.335361
XPF 119.331742
YER 270.792014
ZAR 19.060734
ZMK 9735.209484
ZMW 28.844209
ZWL 348.257273
  • RBGPF

    61.7500

    61.75

    +100%

  • JRI

    -0.0700

    13.15

    -0.53%

  • NGG

    -0.9700

    67.03

    -1.45%

  • CMSD

    -0.1700

    24.87

    -0.68%

  • CMSC

    -0.1300

    24.65

    -0.53%

  • AZN

    -0.8200

    77.44

    -1.06%

  • GSK

    -0.3900

    38.16

    -1.02%

  • BCC

    -3.8400

    137.9

    -2.78%

  • SCS

    -0.1200

    12.89

    -0.93%

  • RIO

    -0.4100

    64.95

    -0.63%

  • RELX

    -0.5400

    47.63

    -1.13%

  • RYCEF

    0.0200

    7.42

    +0.27%

  • BCE

    -0.1500

    33.39

    -0.45%

  • VOD

    -0.1300

    9.63

    -1.35%

  • BTI

    -0.2500

    34.25

    -0.73%

  • BP

    0.1400

    31.47

    +0.44%

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)