EUR impact likely from the French election coming in June (yes, another French election)

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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)

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