French Legislative Election
Marine Le Pen's National Rally gains ahead of France's legislative election, potentially leading to power sharing with Macron. Macron dissolved parliament after poor European election results, causing market turmoil. National Rally may win most seats but not a majority, leading to gridlock. Macron may have to work with opposition or resign.
Key Points
- Marine Le Pen's National Rally leading in polls
- Macron faces challenge of power sharing
- Potential for gridlock in National Assembly
Pros
- Increased political engagement
- Potential for new leadership
Cons
- Market instability
- Potential for legislative gridlock