France: Macron's new party likely to secure 415-455 seats in second round – BBH
In France, Macron's new party (Republic on the Move) appears to have won a little more than 31% of the vote, suggesting that in the second round it can secure 415-455 seats in the 577-seat parliament suggests the analysis team at BBH.
Key Quotes
“It polled about 10 percentage points more than the center-right Republicans, the party from which the Prime Minister hails. The Socialists were decimated. It will likely see the number of seats it controls fall to 20-30 from 331. Marring the results a little was the extremely low turnout. Nevertheless, Macron efforts to reshape French politics and economics took a step forward. His signature program is labor market reforms, which seek to break the tradition of industry-wide settlements, will go full steam ahead. Macron wants the measures ready before the end of the quarter.”