Macron wins French presidency, promises more lawmakers new to politics

Macron wins French presidency, promises more lawmakers new to politics

Macron wins French presidency, promises more lawmakers new to politics

Macron´s emphatic victory brought comfort to investors and European allies alike, who had been nervous about the risk of another populist upheaval, following Britain´s vote to quit the EU and Donald Trump´s election as USA president - neither of which had been predicted by pollsters or bookmakers.

"I will be a candidate in the presidential majority and I wish to join up to his movement, namely the "Republic on the Move", Valls told RTL radio.

Again, the former Socialist Party functionary (an economist) has embarked on his independent journey with En Marche!

The phrase "a sea change in French politics" was repeated by analysts today, many of whom added that other European countries had rejected far-right candidates in recent months, particularly in light of America's baffling decision to elect Donald Trump last November.

Valls, a center-leaning politician in favor of relaxing labor protections, had already thrown his support behind Macron before the presidential election after losing to Benoit Hamon in the Socialist primary.

Macron's party now has no seats in parliament. All 577 seats in the national assembly are up for grabs. He must pull together a majority of lawmakers for the party to run in the mid-June legislative election.

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But if another party wins a majority, the new president could be pressured to choose a prime minister from that party, a situation the French call "cohabitation".

When he moves into the Elysee Palace after his inauguration next weekend, Macron will become the eighth - and youngest - president of France's Fifth Republic.

Shortly after the first projections were published, Le Pen, 48, said she had congratulated Macron.

Monday also marked decades of peace in Western Europe, something Macron highlighted in his campaign against Le Pen.

Facing massive unpopularity, Mr Hollande decided against seeking a second term.

It was Mr Macron's first public appearance with President Francois Hollande since Mr Macron resigned as economy minister in August to run for office.

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On Monday, though, Hollande gripped Macron's arm before the two men walked side by side and then announced the transfer of power would take place Sunday.

Le Pen is expected to rebrand her far-right Front National party in hopes of making it palatable to a broader electorate, so the fight against nationalism in France is far from over.

In a letter to the French President-elect, he, recalling their last meeting in 2016, said: "It was an honour to meet with you in Paris last September".

Sylvie Goulard, a French deputy to the European Parliament, said Macron would make Berlin, Germany, his first official visit, with perhaps a stop to see French troops stationed overseas as well.

German Chancellor Angela Merkel welcomed his win, but appeared cautious about proposals to support his economic plans either by relaxing European spending rules or with a dedicated stimulus fund. "We're not giving any instructions", she told French media.

In Britain, Prime Minister Theresa May said Mr Macron's election makes it even more important for British voters to back her Conservatives and strengthen Britain's hand in European Union exit talks.

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