Founder The left-wing party La France Insoumise (LFI) Jean-Luc Melenchon Reactions on the night of election for left-wing party La France Insoumise The first round results for the second round are now available. France’s legislative election at La Rotonde Stalingrad The following are some examples of how to use Paris On, July 7, 2024. 

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After The Left’s Election Success France On, SundayAll eyes are on the radical firebrand Jean-Luc Mélenchon who has demanded the left be given the premiership and a chance to govern following its unexpected election win.

The New Popular Front (NFP) coalition — of which Mélenchon is the self-appointed figurehead — won the largest number of seats in the second round of France’s Elections to the Parliament in a snap Comprising Mélenchon’s far-left France Unbowed The party Socialist PartyThe French Communist Party The NFP, which has a wide range of political allies, including green, center-left, and left-wing groups, is positioning itself to be the leader of any coalition government.

“The president has the power, the president has the duty to call on the New Popular Front to govern. It is ready for it,” Mélenchon said last night after exit polls projected the NFP’s win.

Europe The braced for the worst France’s The far-right will win the most votes in the second round. France’s snap election. In According to the results, the NFP of the left gained 180 seats. published by broadcaster France InfoThe 577-seat chamber fell short by 289 seats of a majority. National Assembly. French President Emmanuel Macron’s Centrist “Together” The far-right bloc was ranked second with 163 votes. National Rally The party and its allies took 143 seats.

The Results France What is the situation with a hung legislature? Monday Morning, with the difficult task of forming a government or a technocratic one ahead.

Prime Minister Gabriel Attal said he would tend his resignation Following the results of an election, but Macron On, Monday You can ask for more information by clicking here. Attal Prime Minister to continue in office for the moment “in order to ensure the country’s stability,” Macron’s The office made a statement. Reuters reported.

Emboldened by the unexpected election victory, Mélenchon — who in the past has praised late Venezuelan dictator Hugo Chavez. said that he’d take France The proposed tax rate of 100% on France’s super-wealthy — insisted the new prime minister should come from the left wing alliance.

Jean-Luc Melenchon You can also check out the French far left Parti de Gauche Candidates for the 2017 French Attending a political rally during the presidential election Dijon, France, April 18, 2017.

Robert Pratta | Reuters

Political Analysts and economists say Macron is highly unlikely to give the divisive figure of Mélenchon the job.

“While tradition dictates that the largest party in parliament (in this case, the left-wing NFP coalition) proposes a prime minister, Macron is not obligated to pursue such an option,” Antonio BarrosoThe deputy director of Research at a consultancy Teneo, as stated in a letter Sunday.

“Mélenchon has said the new prime minister should hail from NFP. However, the NFP has no leader, and the parties forming the coalition are strongly divided over whom they could select.”

“Even in a scenario where the NFP were to agree on a figure and Macron appointed such an individual, the AN [National Assembly] could then easily force a collapse of the new government via a no-confidence motion,” Barroso added.

Whoever He added that the new Prime Minister will need to have the support of the centrist parties to achieve an absolute majority. “As a result, the appointment of a radical figure such as Mélenchon is off the table.”

Economists expect a centrist

The Left-wing fiscal expansion is a policy that has been adopted by the government New Popular Front Since Macron called the snap election last monthAfter his party’s defeat, European Parliament Elections in Early June.

France The fiscal situation of the company is challenging. European Commission Last week, the company announced its intention to move. France The Under An Excessive Deficit Procedure Its failure to keep the budget deficit under 3% of its GDP. If The EDP has been approved. France The deadline for presenting amended budget plans is mid-SeptemberSeptember.

“Mélenchon is not as well-known outside of French politics as [the far-right National Rally’s] Marine Le Pen, but he and the other leaders of the leftist alliance have proposed a program that includes big increases in public spending, rolling back the retirement age and other policies that are at odds with the EU — and are estimated to cost an additional 179 billion euro [$194 billion], according to the Institut Montaigne. Market-friendly they are not,” Tina FordhamFounder of Fordham Global InsightIn a letter, he said:

Ludovic SubranChief economist at AllianzThe NFP is divided on the left and the right, with the former being more extreme. This will be reflected in the coalition talks.

“I’m not too worried, I think we are really converging toward a center-left policy building and the last time France adjusted its deficit was when Francois Hollande was president, so things can happen under a center-left government that one could see as positive for France in Europe,” CNBC’s Charlotte Reed.

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