French elections results open a phase of political gridlock

Wednesday 22 June 2022

Investment Talks, Amundi Institute

The results of the second round of parliamentary elections represent a huge setback for Ensemble, the movement that supports Emmanuel Macron. The presidential party won only 246 seats in the National Assembly, losing the absolute majority it had previously held (including the dissidents). Ensemble will need 43 additional members to reach the 289 majority threshold. Reaching this won't be easy. The unprecedented situation in the Fifth Republic paves the way for a complex and uncertain political phase.

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Investment Talks - 2022 French elections