• World News
  • Politics
  • Stock
  • Investing
  • Editor’s Pick
Time And Sales Reporter
World News

France’s Macron hunts for way to salvage majority, reforms

by June 20, 2022
June 20, 2022

PARIS — President Emmanuel Macron on Monday was faced with trying to salvage a ruling majority and with it, his economic reform agenda after voters punished his centrist ‘Ensemble’ alliance in France’s parliamentary election.

While Ensemble secured the largest number of lawmakers in the 577-seat National Assembly, it fell comfortably short of the threshold required for an absolute majority in a vote that saw a leftwing alliance and the far-right perform strongly.

Final figures showed Mr. Macron’s centrist camp got 245 seats — short of the 289 needed for an absolute majority.

The vote was a painful setback for Mr. Macron, 44, who was re-elected in April and wants to deepen European Union integration, raise the retirement age and inject new life into France’s nuclear industry.

There is no set script in France for how things will unfold.

Mr. Macron’s options include forming a ruling coalition or presiding over a minority government that has to enter into negotiations with opponents on a bill-by-bill basis. The alternative, if no agreement can be found, is for the euro zone’s second biggest economy to be plunged into paralysis.

“We will be working from tomorrow towards forming a majority of action … to guarantee stability for our country and carry out the necessary reforms,” Prime Minister Elisabeth Borne said as results filtered through late on Sunday.

Mr. Macron became in April the first French president in two decades to win a second term, as voters rallied to keep the far-right out of power.

But, seen as out of touch by many voters, he presides over a deeply disenchanted and divided country where support for populist parties on the right and left has surged.

Marine Le Pen’s far-right National Rally party won its largest ever representation in the lower house while a resurgent left-wing bloc, Nupes, headed by the hard-left Jean-Luc Melenchon will form the largest opposition force.

“The rout of the presidential party is complete,” Mr. Melenchon told supporters.

Even so, his own unlikely alliance may now fsind holding together harder than winning votes.

After a first presidential mandate marked by a top-down government style that Mr. Macron himself compared to that of Jupiter, the almighty Roman god, the president will now have to learn the art of consensus-building.

“This culture of compromise is one we will have to adopt but we must do so around clear values, ideas and political projects for France,” Finance Minister Bruno Le Maire said. — Reuters

previous post
Colombia’s first leftist president targets inequality, leaves investors on edge
next post
Retiring Never-Trumper Fred Upton: It Will Be Hard for Uniparty to Stop Trump in 2024 and He Will be the Candidate (VIDEO)

Related Posts

Modi says India aims to become developed nation...

August 15, 2022

Japan PM promises to never again wage war

August 15, 2022

Iran says Rushdie and supporters to blame for...

August 15, 2022

China unexpectedly cuts key rates as economic data...

August 15, 2022

South Korea urges improved ties with Japan on...

August 15, 2022

Japan’s economy stages modest bounce from COVID jolt,...

August 15, 2022
Join The Exclusive Subscription Today And Get Premium Articles For Free


Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Recent Posts

  • Kachelman: Totalitarian Politicians Use the Evil Tactic of Political Intimidation to Control

    August 15, 2022
  • MUST SEE VIDEO: Election Hack Identified that Can Instantaneously Swap Votes on a Ballot Before It Is Even Stored

    August 15, 2022
  • Atlantic Writer Claims the Rosary is an Extremist Symbol for Christian Nationalists

    August 15, 2022
  • WHO IS JOHN DOE?… Mysterious, Anonymous Power Broker is Attempting to Block Gateway Pundit from Accessing Epstein Client List

    August 15, 2022
  • Latest FBI Bullsh*t: Trump Supporters Are Threatening to Set Off a Dirty Bomb Over Mar-a-Lago Raid

    August 15, 2022
  • About Us
  • Contacts
  • Email Whitelisting
  • Privacy Policy
  • Terms and Conditions

Copyright © 2022 TimeAndSalesReporter.com All Rights Reserved.

Time And Sales Reporter
  • World News
  • Politics
  • Stock
  • Investing
  • Editor’s Pick

Read alsox

G7 to stand by Ukraine ‘for as long...

June 28, 2022

Breakthrough at Ukraine grain export talks as heavy...

July 14, 2022

South Korea’s PM warns of COVID surge as...

July 13, 2022