Macron wins presidential election in France

Emmanuel Macron, a 39 year-old former investment banker, won France’s presidential election on Sunday, defeating Marine Le Pen after voters repudiated her far-right message. Macron achieved the 66% of the total votes, compared with 34% for Le Pen, according to the Interior Ministry’s official count.

Macron will be the youngest president in the 59-year history of France’s Fifth Republic after leading a difficult campaign aimed at promoting the loosening of labour rules, the creation of a global and competitive market for France globally and the intensification of ties with the European Union.

However, the results show that a great part of the French population was skeptic about both projects, since nearly 34% of voters did not cast a ballot or cast a blank one. Indeed, the abstention rate was the highest since the year 1969.

This lack of support forecasts a laborious path for the following five years and Macron now tries to build a legislative majority. He has no party in the Parliament and French parliamentary elections will be held next month.

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