France Parliamentary Elections / Is it difficult for President Macron to return to power in France? Power may go into the hands of the right wing

Large scale voting took place on Sunday for the first round of parliamentary elections in France. After which it is now being speculated that the reins of power may go into the hands of nationalist and far-right forces for the first time since the Nazi era. The two-phase parliamentary election will end on July 7. The election result is likely to have a great impact on European financial markets

Vikrant Shekhawat : Jul 01, 2024, 08:17 AM

France Parliamentary Elections: Large scale voting took place on Sunday for the first round of parliamentary elections in France. After which it is now being speculated that the reins of power may go into the hands of nationalist and far-right forces for the first time since the Nazi era. The two-phase parliamentary election will end on July 7. The election result is likely to have a great impact on European financial markets, Western countries' support for Ukraine and France's way of managing global military force and nuclear arsenal.

Disappointed with Macron's leadership

Many French voters are troubled by inflation and economic concerns. They are also disappointed with the leadership of President Emmanuel Macron. Marine Le Pen's anti-immigration National Rally party has capitalized on this discontent in the election and fueled it especially through online forums like TikTok. All opinion polls before the election have predicted the victory of the National Rally.

The new leftist coalition New Popular Front is also posing a challenge to the pro-business Macron and his centrist coalition Gather for the Republic.

First phase of voting

In fact, voting for the parliamentary elections in France began at 8 am on Sunday and the initial trends of the election results are expected at 8 pm. Macron had announced mid-term elections in France after a crushing defeat by the National Rally in the European Parliament elections in early June this year.

National Rally likely to win

The National Rally has a long association with racism and anti-Semitism and is considered to be opposed to the Muslim community of France. According to the forecast regarding the election results, the National Rally is likely to win the parliamentary elections.

20 percent more votes cast

There are 4.95 crore registered voters in the country who will elect 577 members of the National Assembly, the influential lower house of the French Parliament. More than 59 percent of the voters exercised their franchise three hours before the polls closed. This is 20 percent more than the first round of voting held in 2022.