France shifts to the left, but risk of policy paralysis looms | The Business Standard
Skip to main content
  • Latest
  • Epaper
  • Economy
    • Banking
    • Stocks
    • Industry
    • Analysis
    • Bazaar
    • RMG
    • Corporates
    • Aviation
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
The Business Standard

Saturday
June 28, 2025

Sign In
Subscribe
  • Latest
  • Epaper
  • Economy
    • Banking
    • Stocks
    • Industry
    • Analysis
    • Bazaar
    • RMG
    • Corporates
    • Aviation
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
SATURDAY, JUNE 28, 2025
France shifts to the left, but risk of policy paralysis looms

Politics

Reuters
08 July, 2024, 10:35 am
Last modified: 08 July, 2024, 11:38 am

Related News

  • What the new left needs
  • France faces coalition puzzle after left-wing surge in election
  • French PM Attal: I will hand my resignation on Monday morning
  • France's allies relieved by Le Pen loss but wonder what's next
  • Euro dips as markets brace for post-election gridlock in France

France shifts to the left, but risk of policy paralysis looms

The result delivered a stinging blow to President Emmanuel Macron and leaves the euro zone's second largest economy in limbo, heralding a period of political instability just weeks before Paris hosts the Olympic Games

Reuters
08 July, 2024, 10:35 am
Last modified: 08 July, 2024, 11:38 am
People raise their arms and hands as they gather at the Place de la Republique after partial results in the second round of the early French parliamentary elections, in Paris, France, July 7, 2024. The slogan reads "the "Nouveau Front Populaire (New Popular Front - NFP)". REUTERS/Abdul Saboor
People raise their arms and hands as they gather at the Place de la Republique after partial results in the second round of the early French parliamentary elections, in Paris, France, July 7, 2024. The slogan reads "the "Nouveau Front Populaire (New Popular Front - NFP)". REUTERS/Abdul Saboor

France faced a hung parliament and the prospect of taxing negotiations starting Monday to form a government, after a surprise left-wing surge blocked Marine Le Pen's quest to bring the far right to power.

The leftist New Popular Front (NFP) emerged as the dominant force in the National Assembly after Sunday's election, but with no single group securing a working majority the possibilities include the NFP forming a minority government or the building of a broad, unwieldy coalition.

French PM Attal: I will hand my resignation on Monday morning

The result delivered a stinging blow to President Emmanuel Macron and leaves the euro zone's second largest economy in limbo, heralding a period of political instability just weeks before Paris hosts the Olympic Games.

The Business Standard Google News Keep updated, follow The Business Standard's Google news channel

Macron ended up with a hugely fragmented parliament, in what is set to weaken France's role in the European Union and further afield, and make it hard for anyone to push through a domestic agenda.

The left won 182 seats, Macron's centrist alliance 168 and Le Pen's National Rally (RN) and allies 143, interior ministry data cited by Le Monde newspaper showed.

French voters deliver a win for the left, a blow for Le Pen and a hung parliament

Prime Minister Gabriel Attal said he would tender his resignation, but it was not clear whether the president would accept it immediately, given the daunting task ahead to form a government. Attal said he would be willing to stay on in a caretaker role.

"I will of course do my duties as long as it's needed - it cannot be otherwise on the eve of a date (the Olympics) that is so important for our country," Attal said as it became clear Macron's alliance had endured a humbling setback.

France's allies relieved by Le Pen loss but wonder what's next

Parties from the NFP -- made up of the French Communist Party, hard left France Unbowed, the Greens and the Socialist Party -- met overnight for first talks on how to proceed.

France Unbowed's firebrand leader Jean-Luc Melenchon said the new prime minister should hail from NFP. However, the bloc has no leader, and the its parties are strongly divided over who they could select as a suitable premier.

Some prominent centrist figures, including Edouard Philippe, a former prime minister under Macron, said they were ready to work on a pact to ensure a stable government.

France shifts to the left, but risk of policy paralysis looms

The euro fell on Sunday after the vote projections were announced.

"There's really going to be a vacuum when it comes to France's legislative ability," said Simon Harvey, head of FX analysis at Monex Europe in London.

For Le Pen's RN, the result was a far cry from weeks during which opinion polls consistently projected it would win comfortably.

The left and centrist alliances cooperated after the first round of voting last week by pulling scores of candidates from three-way races to build a unified anti-RN vote.

In his first reaction, RN leader Jordan Bardella, Le Pen's protege, called the cooperation between anti-RN forces a "disgraceful alliance" that he said would paralyze France.

France election: How the far-right lost

Le Pen, who will likely be the party's candidate for the 2027 presidential election, said however that Sunday's ballot, in which the RN made major gains compared with previous elections, had sown the seeds for the future.

"Our victory has been merely delayed," she said.

As darkness fell on Sunday, the statue of Marianne in Place de la Republique was lit up by fireworks amid celebrations by left-wing supporters. Marianne is a national symbol of France, representing reason, liberty and the ideals of the republic.

Explainer-After French election no party has a majority, so what comes next?

Baptiste Fourastié, a 23-year-old designer in Place de la Republique, said, "we weren't expecting it, neither were the polls. We are happy that the French people succeeded once more in blocking the far right."

However he was worried that they right may grow in strength and win next time if the next government is not beyond reproach.

"It will be difficult with a hung parliament, but better than if it was the far right (ahead)," he said.

Top News / World+Biz / Europe

France election

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.

Top Stories

  • Protesting NBR officials observe “Complete Shutdown” programme at the NBR headquarters in Agargaon, Dhaka on 28 June 2025. Photo: TBS
    Protesting NBR officials to continue shutdown tomorrow
  • Planning Adviser Wahiduddin Mahmud speaks at a views-exchange meeting at the Chattogram Circuit House on 28 June 2025. Photo: TBS
    Ensure law and order, prepare for credible election: Adviser Wahiduddin tells govt officials
  • Special Assistant to the Chief Adviser Anisuzzaman Chowdhury speaking at a seminar in the capital on 28 June 2025. Photo: BSS
    Anisuzzaman for coordination between monetary, fiscal policy

MOST VIEWED

  • A crane loads wheat grain into the cargo vessel Mezhdurechensk before its departure for the Russian city of Rostov-on-Don in the course of Russia-Ukraine conflict in the port of Mariupol, Russian-controlled Ukraine, October 25, 2023. REUTERS/Alexander Ermochenko/File Photo
    Ukraine calls for EU sanctions on Bangladeshi entities for import of 'stolen grain'
  • Illustration: TBS
    US Embassy Dhaka asks Bangladeshi student visa applicants to make social media profiles public
  • M Niaz Asadullah among 3 new members now on Nagad’s management board
    M Niaz Asadullah among 3 new members now on Nagad’s management board
  • Sketch: TBS
    Transforming healthcare: How Parisha Shamim is redefining patient care at Labaid
  • Officials from Bangladesh and Japan governments during an agreement signing ceremony on 27 June 2025. Photo: Courtesy
    Bangladesh signs $630m loan deal with Japan for Joydebpur-Ishwardi rail project
  • Representational image. Photo: Collected
    Biman flight to Singapore returns to Dhaka shortly after takeoff due to engine issue

Related News

  • What the new left needs
  • France faces coalition puzzle after left-wing surge in election
  • French PM Attal: I will hand my resignation on Monday morning
  • France's allies relieved by Le Pen loss but wonder what's next
  • Euro dips as markets brace for post-election gridlock in France

Features

Graphics: TBS

Drop of poison, sea of consequences: How poison fishing is wiping out Sundarbans’ ecosystems and livelihoods

1d | Panorama
Photo: Collected

The three best bespoke tailors in town

1d | Mode
Zohran Mamdani gestures as he speaks during a watch party for his primary election, which includes his bid to become the Democratic candidate for New York City mayor in the upcoming November 2025 election, in New York City, US, June 25, 2025. REUTERS/David 'Dee' Delgado

What Bangladesh's young politicians can learn from Zohran Mamdani

2d | Panorama
Footsteps Bangladesh, a development-based social enterprise that dared to take on the task of cleaning a canal, which many considered a lost cause. Photos: Courtesy/Footsteps Bangladesh

A dead canal in Dhaka breathes again — and so do Ramchandrapur's residents

2d | Panorama

More Videos from TBS

Business leaders demand resolution to NBR deadlock today, warn of daily Tk2,500cr trade disruption

Business leaders demand resolution to NBR deadlock today, warn of daily Tk2,500cr trade disruption

2h | TBS Today
What did Trump say about the ceasefire in Gaza?

What did Trump say about the ceasefire in Gaza?

1h | TBS World
Supreme Court ruling expands Trump's power

Supreme Court ruling expands Trump's power

2h | TBS World
Government considering part-time employment of students in government offices: Asif Mahmud

Government considering part-time employment of students in government offices: Asif Mahmud

3h | TBS Today
EMAIL US
contact@tbsnews.net
FOLLOW US
WHATSAPP
+880 1847416158
The Business Standard
  • About Us
  • Contact us
  • Sitemap
  • Advertisement
  • Privacy Policy
  • Comment Policy
Copyright © 2025
The Business Standard All rights reserved
Technical Partner: RSI Lab

Contact Us

The Business Standard

Main Office -4/A, Eskaton Garden, Dhaka- 1000

Phone: +8801847 416158 - 59

Send Opinion articles to - oped.tbs@gmail.com

For advertisement- sales@tbsnews.net