French Election: Hollande, Merkel Congratulate Macron

Lynette Rowe
May 19, 2017

At 39, Macron is by far the youngest person to have ever come to the helm of the country.

Elsewhere in Paris, hundreds of people, led by the powerful CGT trade union, marched in protest against Macron's planned labour reforms.

Macron himself has signaled that he wants to take the middle road.

Hollande plucked Macron from obscurity three years ago when he named the former investment banker his economy minister, marking the start of his meteoric rise to Sunday's electoral victory over far-right leader Marine Le Pen.

Valls said Macron's victory Sunday over far-right leader Marine Le Pen it was a blow to populism across Europe that gave a "terrific" image of France to countries overseas. Harris's analysis suggested she had picked up significant numbers of votes in the runoff from supporters of both the center-right and even the far-left candidate who were eliminated in the first round.

"Germany has lost confidence in the French model, the French system, and has deep-seated doubts as to whether France is still fundamentally aligned in terms of economic philosophy and strategy", Philip Hildebrand, vice chairman of Blackrock and a former governor of the Swiss central bank, told a conference in Luxembourg on Friday.

Macron appeared side-by-side with Hollande at the wreath-laying ceremony at the Tomb of the Unknown Soldier in Paris to commemorate the end of World War II, where Hollande confirmed that his successor would be inaugurated on May 14.

"In a do-nothing scenario, we have the status quo of political paralysis, but with a favourable external environment and steady growth improvement", Mr Street said.

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Moscow has rejected accusations of interfering in the election campaign, as it has rejected similar charges out of Berlin and Washington.

Emmanuel Macron studied at the prestigious Institute of Political Studies, Science-Po in Paris, where he obtained a master's degree in public affairs before training for a senior civil service career at the national School of Administration (ENA), graduating in 2004. Emmanuel Macron believes in collective solidarity.

However, the idea of joint borrowing by euro zone states does not play well with frugal German voters.

Other Maghreban and African leaders have also congratulated Macron, expressing optimism as to the future of their respective countries with France.

The French president is elected to a five-year term.

France has been one of India's closest partners over the decades, and possibly the least judgmental among European countries.

This made clear that Le Pen's attempts to "de-toxify" the image of her party - whose founder, her father Jean-Marie, has multiple convictions for inciting discrimination and hatred and for minimizing the Holocaust - had met with some success, even if she fell short of her goal.

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