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Macron’s Mistakes Will Haunt France — and Europe

bloomberg.com 4 days ago

The French president deserves credit for reforms, but his failure to convince voters to stay the course carries a high price.

No longer on the fringes. 
No longer on the fringes.  Photographer: Thierry Chesnot/Getty Images Europe

French President Emmanuel Macron’s decision to call snap elections has left him the lame-duck president of a rump political movement. France now looks headed for a hung Parliament — or one governed by the right-wing National Rally party. Either way, the likely result is a more fragmented polity, economic stagnation and government gridlock.

French voters hammered the political center on Sunday. Marine Le Pen’s National Rally won around a third of the votes, followed by a grouping of left-wing parties promising budgetary extravagances.

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