World leaders react to Macron's win

World leaders react to Macron's win

World leaders react to Macron's win

But the result of the French presidential election is the second significant electoral event to boost the European Union this year.

The 39-year-old centrist's victory over far-right nationalist Marine Le Pen in Sunday's election came as a huge relief to European Union allies who had feared another populist upheaval to follow Britain's vote last year to leave the EU and Donald Trump's election as USA president. That's something Sophie McLoughlin, a fundraiser for En Marche, hopes will change when voters head to the polls again in June for France's parliamentary elections.

Cohabitation has the potential to lead to a weak presidency and frustrating Macron's reform efforts, which could undermine his popularity and stoke support for politicians with a more populist bent. "On top of that, around 8 percent cast invalid votes as an indication of their dissatisfaction with both of the candidates in the second round". Add in the record number of abstentions and spoiled votes in the election, the low turnout and the defeat of traditional parties, and there's a clear sense of alienation within French society.

Yesterday, the president-elect joined French President Francois Hollande to commemorate the end of World War II.

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Macron has vowed to implement reforms that would make the French economy more competitive.

However, Hollande gripped Macron's arm before the two men walked side by side and then announced the transfer of power would take place on Sunday, one week after the election.

I don't know how many members of l'Assemblee nationale his new En Marche! movement will get.

Macron's victory is a relief for Germany, the main defender of the European Union against rising anti-establishment sentiment on the right and left of the political spectrum. He drew 66 percent support in the run-off Sunday, against 34 percent for Le Pen.

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French deputy to the European Parliament Sylvie Goulard said Macron would make Berlin his first official visit, with perhaps a stop to see French troops stationed overseas as well.

Sure, the Monday morning headlines screamed the same tune about the rejection of Marine Le Pen's National Front as the big narrative. "And so we have an huge responsibility vis-a-vis the French people, who trust us", said Nicolas Bay, the party's secretary-general.

Slovak President Andrej Kiska, along with Prime Minister Robert Fico, Foreign Affair Minister Miroslav Lajčák and others welcomed the election of centrist Emmanuel Marcon, as president of France, following a contest against the right-wing National Front's, Marine Le Pen. In a letter to Macron he addressed by hand to his "cher ami", Juncker notes that Macron succeeded in promoting European values diametrically opposed by his opponents and that he looks forward to fruitful collaboration on protecting "all citizens".

Macron will be France's youngest-ever president and was a virtual unknown before his two-year stint as economy minister, the launchpad for his presidential bid. France's CAC 40 index, which last week touched the highest level since early 2008, slipped 0.8 percent to 5,391 on Monday.

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Emmanuel Macron gave a rather solemn victory speech on Sunday night and there are several reasons why he was right to rein in his celebrations.

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