France: Focus on second round of the parliamentary elections - BBH

The news stream is light as the weekend approaches and the second round of the French parliamentary elections will take place Sunday which will be the key event.  

Key Quotes

“Macron's new party is expected to cut a large swathe of the middle of the French political spectrum.  As we noted, both of Macron's predecessors, Sarkozy and Hollande, campaigned as reformers only to see their programs frustrated.  It is hoped that Macron's experience can be different if he has such a strong parliamentary position.  However, the resistance to Sarkozy and Hollande was not so much in parliament as in the broader society, including trade unions and rent-seeking interests.”