Business Standard

French Election

Pressure mounts on French President Macron to name a new prime minister

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

Pressure mounts on French President Macron to name a new prime minister
Updated On : 09 Dec 2024 | 8:08 AM IST

Macron refuses resignation of France PM for 'stability of country'

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 .

Macron refuses resignation of France PM for 'stability of country'
Updated On : 12 Jul 2024 | 5:00 AM IST

Carla Bruni charged with witness tampering in husband's campaign case

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 ...

Carla Bruni charged with witness tampering in husband's campaign case
Updated On : 10 Jul 2024 | 9:54 AM IST

Germany fears victory for far-right could harm close relations with France

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

Germany fears victory for far-right could harm close relations with France
Updated On : 05 Jul 2024 | 12:58 PM IST

Far-right majority can be avoided in polls, says French PM Gabriel Attal

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"

Far-right majority can be avoided in polls, says French PM Gabriel Attal
Updated On : 04 Jul 2024 | 6:59 AM IST

Euro inches up after Macron's victory, gains against bruised sterling

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.

Euro inches up after Macron's victory, gains against bruised sterling
Updated On : 25 Apr 2022 | 10:00 AM IST

French election: President Macron in pole position, Le Pen racing hard

Polls also forecast a possibly record-high number of people who will either cast a blank vote or not vote at all

French election: President Macron in pole position, Le Pen racing hard
Updated On : 23 Apr 2022 | 11:17 PM IST

Macron lead in French election lends a hand to the euro ahead of ECB

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.

Macron lead in French election lends a hand to the euro ahead of ECB
Updated On : 11 Apr 2022 | 7:40 AM IST

Macron, French President-elect has a difficult task ahead: Here are some

Emmanuel Macron's victory is only the first step; Here are some difficulties he is likely to face

Macron, French President-elect has a difficult task ahead: Here are some
Updated On : 09 May 2017 | 8:45 AM IST
Updated On : 06 May 2017 | 2:47 PM IST

French election highlights a deep divide on the European Union

Le Pen has shown that nationalist, anti-EU, and anti-globalisation sentiment

French election highlights a deep divide on the European Union
Updated On : 06 May 2017 | 1:12 PM IST