Addressing her supporters in Paris Sunday night, Le Pen conceded defeat but said: « We have nevertheless been victorious. »
Thierry Chesnot | Getty Images News | Getty Images
French President Emmanuel Macron may have just won a second term in office, but political analysts believe the continued rise of the far right will cause him significant headaches over the coming years.
« The actual closeness, relative closeness of the vote and the fact that [Marine] Le Pen got over 40%, I think that’s a damning indictment on the state of French politics and perhaps actually the state of inequality and living standards across Europe, » Julian Howard, head of multi-asset solutions at asset management firm GAM, told CNBC’s « Squawk Box Europe » on Monday.
Centrist Macron obtained 58.54% of the votes on Sunday, whereas his nationalist and far-right rival Le Pen got 41.46%. Back in 2017, when the two politicians also disputed the second round of the French presidential vote, Macron won with 66.1% versus Le Pen’s 33.9%.
Addressing her supporters in Paris on Sunday night, Le Pen conceded defeat but said, « We have nevertheless been victorious. »
« The ideas we represent are reaching a peak, » she added, while mentioning that in upcoming legislative elections in June, her party — National Rally — will be
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