Macron Risks It All With Snap Polls After Far-Right EU Rout
Source: substack.com
- French President Macron called snap elections after his party lost EU parliamentary elections to far-right rivals.
- The far-right National Rally surged to 31.4% of votes, while Macron's centrists dropped to 14.6%.
- Markets plunged with the CAC 40 index falling 1.6%, signaling economic uncertainty ahead.
Macron dissolved the National Assembly and triggered snap legislative elections on June 30 and July 7 after a crushing defeat in EU elections. The far-right National Rally, led by Marine Le Pen and Jordan Bardella, capitalized on voter anger over immigration, insecurity, and rising costs to win nearly a third of the vote. This high-stakes gamble puts Macron's pro-EU, pro-business agenda at risk against nationalist challengers. Readers should care because it could reshape France's government, EU