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A coalition of left-wing parties known as the New Popular Front was projected to come in first in legislative elections in France, capturing more seats in the National Assembly than the far-right National Rally party or the centrist Renaissance party of President Emmanuel Macron.
French President Emmanuel Macron's failed snap election gamble is likely to take a large toll on his political ambitions and legacy, analysts say — and to weaken the power and influence he has sought to build in Europe in recent years.
Between June 6 and 9, residents of the European Union (EU) went to the polls to elect a new European Parliament.
Government bond markets in France saw some selling early on Monday, but were fairly muted overall despite political gridlock after a second round of legislative elections.
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First Biden, then Macron and next week the unfortunate Rishi Sunak. Japan’s Kishida, Germany’s Scholz and Canada’s Trudeau remain in office only because the election cycle doesn’t require them to assay the voters.
LONDON — European stocks were higher Friday as investors digested key inflation data from the euro zone.