Sense of urgency comes days after Marine Le Pen's far-right National Rally joined a left-wing coalition to topple the government, leaving France's political system in disarray
President Emmanuel Macron refused the resignation of France's prime minister, asking him on Monday to remain temporarily as the head of the government after a chaotic election result left the government in limbo. Voters split the legislature on the left, centre and far right, leaving no faction even close to the majority needed to form a government. The results from Sunday's vote raised the risk of paralysis for the European Union's second-largest economy. Macron gambled that his decision to call an early election would give France a moment of clarification, but the outcome showed the opposite, less than three weeks before the start of the Paris Olympics, when the country will be under an international spotlight. The French stock market fell upon opening before quickly recovering, possibly because markets had feared an outright victory for the far right or the leftist coalition. Prime Minister Gabriel Attal had said he would remain in office if needed, but offered his resignation .
Former supermodel and French first lady Carla Bruni-Sarkozy was given preliminary charges Tuesday for involvement in alleged efforts to pressure a witness who accused ex-President Nicolas Sarkozy of receiving illegal campaign financing from Libya. Bruni-Sarkozy was placed under judicial supervision on Tuesday, which included a ban on contact with all those involved in the proceedings with the exception of her husband, according to a judicial official not authorized to be publicly named when speaking about an ongoing investigation. Preliminary charges against Bruni-Sarkozy include witness tampering and participation in a criminal association with an attempt to commit fraud in efforts to deceive magistrates investigating her husband on suspicion of receiving illegal funds during his 2007 presidential election campaign, the official said. Bruni-Sarkozy's lawyer did not respond to requests for comment. After she was questioned by police in May, her lawyers said she provided 'useful ...
German Chancellor Olaf Scholz is worried about the outcome of the run-off election in France. Scholz, who is normally tightlipped when asked about domestic politics in other European countries, has in recent weeks more than once expressed concern that the far-right, nationalist National Rally may win the second round of elections in neighbouring France on Sunday. Earlier this week, the decidedly pro-European German chancellor even revealed that he and beleaguered French President Emmanuel Macron are texting on a daily basis as the election draws closer. We are discussing the situation, which is really depressing," Scholz said at a summer gathering of his Social Democratic Party in Berlin on Tuesday, according to German news agency dpa. In any case, I am keeping my fingers crossed that the French, whom I love and appreciate so much, the country that means so much to me, will succeed in preventing a government led by a right-wing populist party," Scholz added in an unusually emotiona
Asked about calls for the creation of a temporary cross-party government if no grouping achieved a majority, Attal said he would not impose on voters "a coalition they did not choose"
Euro gained a fraction after French President's comfortable defeat of his opponent Marine Le Pen. The outcome was largely expected by market pundits and political analysts.
Polls also forecast a possibly record-high number of people who will either cast a blank vote or not vote at all
The euro briefly flickered as high as $1.0955 in thin early hours of the Asia session, before settling about 0.15% higher than Friday's close at $1.0890. It was also firmer on sterling and the yen.
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A view from Pakistan
Le Pen has shown that nationalist, anti-EU, and anti-globalisation sentiment