EUR impact likely from the French election coming in June (yes, another French election)June 12 and 19 parliamentary elections, for control of the legislature.
the president's party has won a majority in parliament in recent elections, but of course its not guaranteed
If Macron's party loses then he'd have a Prime Minister from another party. This would severely restrcit his powers as president.
Via Reuters:
A poll on Monday suggested Macron would secure a ruling majority in June's parliamentary elections. Macron's camp, in a poll by Harris Interactive institute, is seen winning 326 to 366 seats out of 577, if he manages to strike a broad centre-right alliance with smaller parties including the conservative Les Republicains.
But even without Les Republicains - whose presidential candidate Valerie Pecresse received the lowest percentage of the first-round vote in the party's history - Macron would still reach a comfortable absolute majority, the poll for business magazine Challenges showed.
Stay tuned for further polls in coming weeks.
Source: EUR impact likely from the French election coming in June (yes, another French election) (https://www.forexlive.com/news/eur-impact-likely-from-the-french-election-coming-in-june-yes-another-french-election-20220425/)
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