France is facing a critical parliamentary election with the far-right Rassemblement National, led by Marine Le Pen, potentially securing a significant victory. This outcome could have serious implications for the country's private markets, including rising borrowing costs and limited access to international talent. Financial markets are alarmed, with both far-right and hard-left agendas deemed dangerous for the economy by the head of MEDEF, a business federation. President Emmanuel Macron has pledged 'change' in response to the far-right's growing influence. The far-right's finance point man has promised fiscal restraint and a pro-business stance, aiming to end the practice of high budget deficits and adhere to the European Union's fiscal rules. Jordan Bardella, the leader of the far-right National Rally, presented his group as the 'only movement' that can reasonably meet the expectations of the French. However, there are concerns about potential civil disorder and violence if the far-right wins the largest share of the vote.
French far-right's finance point man promises fiscal restraint, pro-business stance - Reuters https://t.co/5a4g5G5oue
Jordan Bardella, the leader of Marine Le Pen’s far-right National Rally party, attempted to present his group as the “only movement” that can reasonably meet the expectations of the French https://t.co/vXqx12smbj
Jordan Bardella, the leader of Marine Le Pen’s far-right National Rally party, attempted to present his group as the “only movement” that can reasonably meet the expectations of the French https://t.co/oFQBahUi2F
French far-right's finance point man promises fiscal restraint, pro-business stance https://t.co/1aVjtjvHhZ https://t.co/1HvfOew457
France could face civil disorder and violence connected to snap parliamentary elections in which the far-right looks poised to win the largest share of the vote, two ministers from President Emmanuel Macron's centrist government have said https://t.co/57FYd1fYPZ
A new French government led by Marine Le Pen's far-right National Rally would end the decades-long practice of running high budget deficits and stick to the European Union's fiscal rules, the party's financial pointman told @Reuters https://t.co/GOQvHMo0uD
French far-right's finance point man vows fiscal restraint, pro-business stance https://t.co/VlJ77YxJ6J https://t.co/6HByUQIWLy
Macron pledges ‘change’ as French far-right eyes parliament rout https://t.co/OvVmPeznzL
Within two weeks France could have a hard-left or hard-right government. That prospect has led to alarm in financial markets. Both blocs’ agendas are “dangerous for the economy”, according to the head of MEDEF, a business federation https://t.co/qyIyoqa7tM 👇
A potential victory for far-right party Rassemblement National in the upcoming French parliamentary election could have significant consequences for the country's private markets, including rising borrowing costs and limited access to international talent. https://t.co/3iBYmkNipD