‘Level of Protection’ in French Election Result: AXA

AXA Group Chief Economist Gilles Moec discusses the impact on markets of the surprise left-wing coalition victory in the second round of French elections. He says the lack of an outright majority is “an issue” as this will make it “very complicated to find a sense of direction for French policymaking” in the future. Moec adds that the most radical parts of both the left and the right-wing parties are far from having enough seats which would allow them “to torpedo” decisions made by a central coa https://www.bloomberg.com/news/videos/2024-07-08/-level-of-protection-in-french-election-result-axa-video