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RIVAL FRENCH PARTIES SEEK TO BUILD ANTI-FAR RIGHT FRONT

By Michel Rose
July 2, 20249:16 AM GMT+2Updated 14 days ago
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 * Macron steps up anti-RN electoral strategy
 * Early signs of "republican front" working
 * Euro gains slightly, stocks and bonds rise

PARIS, July 1 (Reuters) - Opponents of France's far right sought to build a
united front to block the path to government of Marine Le Pen's National Rally
(RN) on Monday, after the party made historic gains to win the first round of a
parliamentary election.
The RN and its allies won Sunday's round with 33% of the vote, followed by a
left-wing bloc with 28% and well ahead of President Emmanuel Macron's broad
alliance of centrists, who scored just 22%, official results showed.
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While financial markets rallied on relief the RN tally was not greater, it was
still a huge setback for Macron, who had called the snap election after his
ticket was trounced by the RN in the European Parliament election last month.
"I'm satisfied, because we need change," said RN supporter Jean-Claude Gaillet,
64, in Le Pen's northern stronghold of Henin-Beaumont. "Things have not moved,
and they must move."
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But others feared the rise of the RN and its nationalist platform would cause
growing tensions in French society.
"I don't think people realise what's happening, they are only thinking of the
cost of living and short-term things like that," said Yamina Addou outside a
supermarket in the nearby town of Oignies, south of Lille. "I find it very sad."
Whether the anti-immigrant, eurosceptic RN can form a government will depend now
on how successfully other parties manage to thwart Le Pen by rallying round
best-placed rival candidates in hundreds of constituencies across France.

The RN would need at least 289 seats in parliament for a majority. Pollsters
calculated the first round had put it on track for anything between 250-300
seats - but that is before tactical withdrawals reshape voter intentions next
weekend.


'ATTACK!'

Leaders of both the left-wing New Popular Front and Macron's centrist alliance
indicated on Sunday night they would withdraw their own candidates in districts
where another candidate was better placed to beat the RN in next Sunday's
run-off.

It was not initially clear whether such a pact would always apply if the
left-wing candidate was from the far-left France Unbowed (LFI) party of Jean-Luc
Melenchon, a divisive figure with radical tax-and-spend proposals and class war
rhetoric.
But Macron told ministers on Monday that denying the RN a majority was the top
priority, according to one source at a closed-door meeting who said this was
intended to confirm that the pact could apply to LFI candidates on a
case-by-case basis.
The source said Macron ended his speech at the Elysee Palace meeting with the
call: "Attack!"

Reuters Graphics Reuters Graphics
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Item 1 of 10 Marine Le Pen, French far-right leader and far-right Rassemblement
National (National Rally - RN) party candidate, speaks to journalists after
partial results in the first round of the early French parliamentary elections
in Henin-Beaumont, France, June 30, 2024. REUTERS/Yves Herman
[1/10]Marine Le Pen, French far-right leader and far-right Rassemblement
National (National Rally - RN) party candidate, speaks to journalists after
partial results in the first round of the early French parliamentary elections
in Henin-Beaumont, France, June 30, 2024. REUTERS/Yves Herman Purchase Licensing
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Pollster Ipsos calculated the first round had left three-way contests in around
300 of the 577 seats in France's National Assembly. Le Monde newspaper said
third-placed candidates had already withdrawn in around 160 of those.
While the so-called "republican front" against the far-right has broadly worked
in the past, analysts question whether French voters are still ready to cast
second-round ballots as directed by political leaders.
A longtime pariah for many in France, the RN is now closer to power than it has
ever been. Le Pen has sought to clean up the image of a party known for racism
and antisemitism, a tactic that has worked amid voter anger at Macron, who is
seen by many voters as out of touch with their everyday concerns.
The RN gains were welcomed by nationalists and far-right groups across Europe,
including Italy's Prime Minister Giorgia Meloni and Spain's Vox party. Pedro
Sanchez, Spain's Socialist premier, said left-leaning parties could still block
an outright RN victory.
German Foreign Minister Annalena Baerbock signalled concern at the rise of "a
party that sees Europe as the problem and not the solution" and drew parallels
to the growing support for the far-right Alternative for Germany (AfD) in her
country.
An RN-led government would raise major questions over where the European Union
was headed. Human rights groups have raised concerns about how its "France
first" policies would apply to ethnic minorities, while economists question
whether its hefty spending plans are fully funded.


HUNG PARLIAMENT?

Banking shares led a surge by French stocks and the premium investors demand for
holding the country's bonds dropped, while the euro rose, on Monday on market
relief the RN had not done better.
The main alternative scenario to an RN-led government would be a hung parliament
potentially making France ungovernable for the remainder of Macron's presidency
due to run until 2027.
In constituencies with no outright winner, the top two candidates, plus any
candidate with more than 12.5% of registered voters in that constituency, have
until Tuesday evening to confirm whether they will go into the second.
In the manoeuvring after the vote, Prime Minister Gabriel Attal suspended
unemployment reform plans which would have reduced jobseekers' benefits - a move
that may make it easier for left-wing voters to back Macron allies.
RN lawmakers meanwhile urged centre-right politicians in the Republicans (LR)
party, which received less than 7% of the first-round vote, to withdraw from
districts where such a move would work in RN's favour.
The LR, which split ahead of the vote with a small number of its lawmakers
joining the RN, has yet to clarify its stance.
Jordan Bardella, the RN's choice of prime minister if it wins a majority,
focused his attacks on left-wing parties, describing the far-left as "an
existential threat" to France.

Get the latest news and expert analysis about the state of the global economy
with Reuters Econ World. Sign up here.

Writing by Mark John; Editing by Sudip Kar-Gupta, Bernadette Baum and Alex
Richardson

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