After the first round of the election, Marine Le Pen, the presidential candidate of Front National, addressed her followers. French companies are closely monitoring the situation as France heads to the polls in snap parliamentary elections that could impact the country’s political center. Patrick Brandmaier, the managing director of the Franco-German Chamber of Industry and Commerce, expressed concerns about the potential negative impact on France’s attractiveness due to economic policy announcements from both the right and the left.
Investors fear that victories by either the RN or the leftist New Popular Front (NPF) alliance could pose a threat to the French economy, which is one of Europe’s largest economies. The possibility of increased government spending in Paris has also spooked companies, adding to existing concerns about the sustainability of France’s fiscal path. Rising premiums on French government bonds could further strain
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