Reuters
France’s snap election: Five questions for markets
French President Emmanuel Macron’s shock decision to call a snap election, which polls suggest the far right could win, has rocked financial markets, exacerbating fiscal sustainability concerns in the euro zone’s second-largest economy. Markets have stabilised since the June 9 announcement but are far from recovering. Polls put Marine Le Pen’s National Rally (RN) first, mostly short of an absolute majority, with investors on edge ahead of two rounds of voting on June 30 and July 7.
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