French President Emmanuel Macron’s arguably reckless decision to call a legislative election after rival Marine Le Pen’s party made gains in European Union elections didn’t result in a far-right government. It did, however, lead to a messy hung parliament that could prove challenging for governing and financial markets. So why did Macron take the gamble and what happens now?
0:00 Introduction
00:57 Markets on edge
03:03 Macron’s unpopularity
04:01 Le Pen softens image
07:59 Election surprise
Read more from Bloomberg on the fallout from the French election here: https://www.bloomberg.com/news/articles/2024-07-09/france-s-election-shock-alerts-bond-market-investors-to-fiscal-deficit
Get the Paris Edition newsletter to make sense of what’s happening in the city and what’s next for French business: https://www.bloomberg.com/account/newsletters/paris-edition?sref=SeCpxn9H?utm_medium=social&utm_source=youtube&utm_campaign=originals&utm_content=article
——–
Like this video? Subscribe: http://www.youtube.com/Bloomberg?sub_confirmation=1
Get unlimited access to Bloomberg.com for $1.99/month for the first 3 months: https://www.bloomberg.com/subscriptions?in_source=YoutubeOriginals
Bloomberg Originals offers bold takes for curious minds on today’s biggest topics. Hosted by experts covering stories you haven’t seen and viewpoints you haven’t heard, you’ll discover cinematic, data-led shows that investigate the intersection of business and culture. Exploring every angle of climate change, technology, finance, sports and beyond, Bloomberg Originals is business as you’ve never seen it.
Subscribe for business news, but not as you’ve known it: exclusive interviews, fascinating profiles, data-driven analysis, and the latest in tech innovation from around the world.
Visit our partner channel Bloomberg Quicktake for global news and insight in an instant.
source
