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Germany’s Scholz says he hopes Le Pen doesn’t win French election

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(Bloomberg) – German Chancellor Olaf Scholz entered French politics expressing his hopes that Marina LePenThe far-right National Rally will not win the country’s parliamentary elections.

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“I am worried about the elections in France, I want to say that explicitly,” Scholz said in an interview with public broadcaster ARD on Sunday.

“I hope that the parties that are not Le Pen, so to speak, will be successful in the elections. But that is up to the French people to decide”, added the center-left leader.

Regardless of the outcome of the early elections in France, Germany would continue to work with the President Emmanuel Macron as the main person responsible for bilateral and European cooperation, said Scholz.

French markets saw strong selling following Macron’s surprise decision to dissolve the National Assembly and call early elections, after his party was defeated by Le Pen’s National Rally in the European Union elections on June 9. the first round of voting on June 30, largely at the expense of Macron’s centrist bloc.

The electoral gamble has once again brought France’s overburdened public accounts into focus and raised questions about the future of Macron’s agenda. Investors are demanding the biggest premium in more than a decade to hold French bonds compared to safer German debt, as concerns grow that parties vying for victory in France’s legislative elections could further overextend. public finances.

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