The Intelligence from The Economist Stuck in the middle with few: Macron’s parliamentary pasting
Jun 20, 2022
Sophie Petter, Paris bureau chief for The Economist, and Matthew Valencia, deputy business affairs editor, dive into Emmanuel Macron's recent parliamentary challenges after losing his majority. They dissect the shifting dynamics in French politics, revealing the rise of far-right and leftist coalitions. The conversation shifts to corporate espionage, highlighting a high-stakes trial involving tech rivals. Additionally, they explore the paradox of road death statistics potentially leading to more accidents, questioning their effectiveness in enhancing driver safety.
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Macron's Loss
- French President Emmanuel Macron lost his parliamentary majority, impacting his reform agenda.
- The far right and left gained significant ground, creating a divided political landscape.
Parliamentary Results
- Macron's party fell short of a majority, while the left and far right made significant gains.
- Marine Le Pen's party increased their seats tenfold.
United Left
- Mélenchon united the fragmented left, including communists, socialists, and greens, into a coalition called NUPES.
- Despite internal divisions, they found common ground, shifting the political center of gravity leftward.