The China Mail - Disaster averted, Macron still faces trouble ahead

USD -
AED 3.673056
AFN 65.000237
ALL 82.130758
AMD 361.810074
ANG 1.790365
AOA 917.00009
ARS 1520.622502
AUD 1.434978
AWG 1.8
AZN 1.694452
BAM 1.745962
BBD 2.013775
BDT 123.109062
BGN 1.683441
BHD 0.377168
BIF 2998
BMD 1
BND 1.280235
BOB 12.002428
BRL 4.995299
BSD 0.999835
BTN 96.229211
BWP 13.792611
BYN 3.056102
BYR 19600
BZD 2.01082
CAD 1.425565
CDF 2310.000397
CHF 0.83113
CLF 0.024696
CLP 975.130076
CNY 6.70455
CNH 6.704575
COP 3240.56
CRC 458.138611
CUC 1
CUP 23.996036
CVE 98.438149
CZK 21.80595
DJF 177.719966
DKK 6.664198
DOP 60.079362
DZD 134.411891
EGP 52.391204
ERN 15
ETB 163.313009
EUR 0.891701
FJD 2.24975
FKP 0.755628
GBP 0.75665
GEL 2.604979
GGP 0.755628
GHS 11.752471
GIP 0.755628
GMD 73.498022
GNF 8796.182637
GTQ 7.643653
GYD 209.145892
HKD 7.84709
HNL 26.839317
HRK 6.720396
HTG 130.924803
HUF 327.649027
IDR 17937
ILS 3.0539
IMP 0.755628
INR 96.320899
IQD 1309.783652
IRR 1746539.504372
ISK 122.159736
JEP 0.755628
JMD 158.634511
JOD 0.708987
JPY 158.023957
KES 129.760172
KGS 87.449721
KHR 4056.635778
KMF 437.999798
KPW 900.000318
KRW 1341.829778
KWD 0.309396
KYD 0.833181
KZT 457.431329
LAK 22465.831689
LBP 89533.829083
LKR 330.501855
LRD 170.974812
LSL 16.652844
LTL 2.95274
LVL 0.60489
LYD 6.428517
MAD 9.981119
MDL 17.962532
MGA 4439.425455
MKD 54.966098
MMK 2099.456706
MNT 3596.082114
MOP 8.081756
MRU 40.114449
MUR 48.049792
MVR 15.460169
MWK 1733.723743
MXN 18.080595
MYR 4.085698
MZN 63.901804
NAD 16.652249
NGN 1326.270269
NIO 36.798807
NOK 9.590105
NPR 153.967425
NZD 1.78822
OMR 0.384498
PAB 0.99983
PEN 3.449821
PGK 4.529771
PHP 62.675997
PKR 276.936022
PLN 3.90745
PYG 5859.851004
QAR 3.654551
RON 4.763007
RSD 104.710977
RUB 84.828001
RWF 1476.746729
SAR 3.74637
SBD 8.078071
SCR 13.803685
SDG 601.498266
SEK 10.042855
SGD 1.279685
SHP 0.75503
SLE 24.598139
SLL 20969.491881
SOS 571.42347
SRD 37.665989
STD 20697.981008
STN 21.871387
SVC 8.748867
SYP 13002.000254
SZL 16.648143
THB 33.688977
TJS 9.203473
TMT 3.5
TND 2.987632
TOP 2.40776
TRY 49.155799
TTD 6.777452
TWD 31.734967
TZS 2639.664015
UAH 45.063005
UGX 4019.122524
UYU 40.47618
UZS 11771.690272
VES 865.47815
VND 25993
VUV 119.46017
WST 2.788611
XAF 584.917409
XAG 0.016351
XAU 0.000241587034
XCD 2.70255
XCG 1.801926
XDR 0.707052
XOF 584.917409
XPF 106.468359
YER 236.296989
ZAR 16.6474
ZMK 9001.200973
ZMW 19.721654
ZWL 321.999592
SSP 5712.591527
MXV 2.044443
  • RYCEF

    0.4000

    19.71

    +2.03%

  • CMSC

    0.0000

    20.4

    0%

  • BTI

    0.4200

    56.05

    +0.75%

  • BP

    0.2800

    44.43

    +0.63%

  • RBGPF

    1.6000

    67

    +2.39%

  • RIO

    -0.1500

    94.41

    -0.16%

  • AZN

    -0.4300

    166.15

    -0.26%

  • GSK

    0.4600

    49.7

    +0.93%

  • BCE

    -0.4100

    20.56

    -1.99%

  • NGG

    -0.2500

    75.24

    -0.33%

  • VOD

    -0.0400

    16.58

    -0.24%

  • RELX

    -0.4500

    33.07

    -1.36%

  • BCC

    -0.5500

    76.59

    -0.72%

  • CMSD

    -0.0300

    20.27

    -0.15%

  • JRI

    -0.2500

    10.77

    -2.32%

Disaster averted, Macron still faces trouble ahead
Disaster averted, Macron still faces trouble ahead / Photo: © POOL/AFP

Disaster averted, Macron still faces trouble ahead

President Emmanuel Macron has avoided his nightmare scenario of the far right coming to power in France but still faces an unprecedented challenge steering his country and the remainder of his presidency through an uncertain future.

Text size:

Macron's centrist forces performed more strongly than expected in the legislative elections, projected to come in second behind the resurgent left, with the far right that won the first round on June 30 in only third place.

Yet as he prepares to fly to the United States for a NATO summit in Washington, he now faces a number of headaches including a left that now believes it has a mandate to govern, his own unpopularity, and open dissent among some of his most influential allies.

There is still palpable anger among Macron's allies over his decision to call snap legislative elections three years ahead of time after his party was trounced in EU Parliament elections last month.

The president argued that a "clarification" was needed in French politics.

"The decision to dissolve the National Assembly, which was supposed to be a moment of clarification, has instead led to uncertainty," his former Prime Minister Edouard Philippe said Sunday in an unusually sharp barb.

Prime Minister Gabriel Attal, who said he would offer his resignation Monday but was also prepared to stay on, said in an extraordinary show of dissent after the election that he "did not choose this dissolution".

- 'The question now' -

The government's strategy of employing a so-called Republican Front for the centre and left to team up to block the far right appears to have worked.

But the election will mark a turning point in Macron's presidency with three years of his term still to run until 2027, with the very mixed new parliament inevitably becoming a far more important actor.

Macron appeared in no hurry on this occasion to make a rapid and theatrical decision, with an aide briefing media that the president preferred to analyse the full results before jumping to conclusions.

The president is confident "and is not going for a small majority", the aide said. "The question now is who is going to govern and have a majority."

Philippe raised the prospect of a broad coalition that would take in parties from right to left via the centre, but exclude the far-right National Rally (RN) and the hard-left France Unbowed (LFI).

So far the leftist New Popular Front (NFP) has not fractured even if the LFI's firebrand figurehead Jean-Luc Melenchon is a constant source of tension.

Foreign Minister Stephane Sejourne, who leads Macron's party, ruled out that Melenchon "and a certain number of his allies" would govern France.

But Laurent Wauquiez, a senior figure among traditional right-wing lawmakers, who won his seat, appeared to rule out entering into any coalition with Macron.

- 'Tide is rising' -

Macron's own popularity has hit such a low that he stayed totally out of the final week of the election campaign, not making a single comment in public as the vastly more popular Attal took the lead.

After voting Sunday he mingled with well-wishers in Le Touquet, but did not repeat his walk through the fashionable Channel resort in a bomber jacket and baseball cap as he did in the June 30 first round, seen as arrogant by some supporters.

Political manoeuvring will intensify beneath him. Interior Minister Gerald Darmanin, who won his seat, has made it clear he plans to be a leading voice in the new parliament, possibly in alliance with the faction of Philippe.

And while the far right was defeated in these elections, its three-time presidential candidate Marine Le Pen said she believed this would have no impact on her ambition to win the Elysee Palace in 2027.

"The tide is rising. It did not rise high enough this time, but it continues to rise and, consequently, our victory has only been delayed," Le Pen said.

A.Zhang--ThChM