BGA Cable: France 

Situation two months before the French presidential elections on April 23

  • François Fillon, the surprising clear winner of the conservative primaries, was unsettled by a scandal over payments to his wife („Penelopegate“)
  • Emmanuel Macron, the 39-year-old trained investment banker and former economy minister running as an independent „neither right nor left“ candidate, has become the new favorite for the second round. However, long-term observers do not count out a Fillon comeback despite his handicap, due to the pull of the traditional left-right ideological spectrum. 
  • Marine Le Pen, the populist, right-wing candidate of the Front National, is leading in the polls for the first round, but it seems unlikely that she could profit from the general „anti-establishment“ mood.​

Contact BGA to schedule a call with our experts to hear more detailed views and to keep you updated on the French Presidential and National Assembly elections, candidate proposals and their potential implications for financial markets. 

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