Emmanuel Macron is the new president of France!!!

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The Result

Emmanuel Macron was elected president of France. Sunday May the 7th with a business-friendly vision of European integration, defeating Marine Le Pen. Who is a far-right nationalist who threatened to take France out of the European Union. (Reuters)

The centrist’s emphatic victory, which also smashed the dominance of France’s mainstream parties, will bring huge relief to European allies. Who had feared another populist upheaval to follow Britain’s vote. Wanting to quit the EU and Donald Trump’s election as U.S. president.

The definite victory of french centrist Emmanuel Macron, who overbeated the other candidate.. Marie Le Penn, will bring huge diferences to the Euro system. And also have great impact on country’s policies.

 

AFP

According to preliminary estimates, of the AFP agency: Macron won between 65 and 66 percent of the votes. Which is a really astonishing result. Having in mind that the turnout was not so high.

He is the 39-year-old foregone investment banker. Who earlier served for two years as economy minister but has never previously held elected office. He will now become France’s youngest leader since Napoleon. His promise is to surpass outdated left-right disharmonies.

 

May the 7th

Today In France today was the day of final decisions, the second round of presidential elections. About 47 million voters called to choose between the pro-European candidate Macron and radical rightist Marine Le Pen.

The belgian newspaper “Soar”  announced earlier today that the Macron could win 60 percent of the vote, citing data from the four agencies for public opinion research.

The Belgian list didn’t stated how the voters backed the National Front leader Marine Le Pen.

Turnout in the second round of French presidential elections, which came out this afternoon stood at 65.30 percent, according to the French Ministry of Foreign Affairs. This is significantly lower than the 69.42 percent of how people voted at the same time in the first round two weeks ago.

Afternoon turnout at 17 hours is significantly lower compared to the same time in the first round on April 23, and in relation to the second round of the previous presidential elections in 2012, when the  71.96 percent of voters gave their vote.

By the afternoon turned out 28.23 percent of the electorate, which is almost the same as in the first round two weeks ago. In the first round of April the 23th, 28.54 percent of voters did not vote, which is almost the same response as today. Voters turnout today is a bit lower than in the second round of the previous elections in 2012, when he was two percentage points higher, or 30.66 percent.

 

Market impacts

 

The victory of the Emmanuel Macron will lead to a higher position of euro, which would definitely change climate in every aspect of financial markets.

Macron’s straight away idea will be to secure a majority in next month’s parliamentary election for En Marche! (Onwards!).  This political motion that is faintly a year old, in order to execute his program.

 

 

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