🥇 First rule of investing? Know when to save! Up to 55% off InvestingPro before BLACK FRIDAYCLAIM SALE

Macron urges French to get rid of old generation as race tightens

Published 04/17/2017, 02:56 PM
Updated 04/17/2017, 03:00 PM
© Reuters. Emmanuel Macron, head of the political movement En Marche !, or Onwards !, and candidate for the 2017 French presidential election, attends a campaign political rally at the AccorHotels Arena in Paris

By Michel Rose

PARIS (Reuters) - Presidential candidate Emmanuel Macron urged French voters on Monday to turn the page on the last 20 years and bring a new generation to power, as he stepped up attacks against resurgent far-left and conservative rivals six days before voting day.

Macron, a 39-year-old pro-EU centrist who would become the youngest French leader since Napoleon if elected, said recent leaders had betrayed the post-war generation which had rebuilt the country, leaving France unreformed and sclerotic.

"What has been proposed to the French in the last 20 years is not liberation or reconstruction, but a slow, unavowed acceptation of unemployment, state impotence and social breakdown," he told a cheering crowd of at least 18,000 people in the Bercy arena in Paris.

Investors are glued to the outcome of France's most unpredictable election in decades. Polls suggest growing numbers of voters are turning away from mainstream parties because of disenchantment with the establishment and frustration at years of economic malaise.

With an eye on surveys showing his status as favorite being eroded by a late surge in support for far-leftist Jean-Luc Melenchon, Macron hit back at the Communist-backed candidate who wants France to join a Latin American alliance of leftist leaders founded by late Venezuelan leader Hugo Chavez.

"Some would like France to become Cuba without the sun or Venezuela without the oil," he said.

An OpinionWay poll put Macron and far-right leader Marine Le Pen both on 22 percent for the first round of the election to be held on Sunday.

Conservative Francois Fillon was just behind on 21 percent, having recovered some ground since being hit by a scandal over hundreds of thousands of euros of public money he paid his wife while employing her as his parliamentary assistant.

Melenchon gained one point in the same poll to 18 percent, confirming the election is now a four-way race and making it impossible to predict with certainty which two candidates will contest a deciding run-off on May 7.

Two other polls had Macron just ahead of Le Pen in the first round, and beating her comfortably in the second.

On the sidelines of the rally, which came hours before Le Pen's own event in the French capital and as Melenchon campaigned on a barge sailing through Paris's canals, Macron's close aides acknowledged the former economy minister and investment banker was not guaranteed to reach the runoff.

"It's tightening. Fillon could find himself in the second round if he mobilizes his base," Christophe Castaner, a Socialist lawmaker close to Macron, told reporters.

"And then people on the left will go: 'damn it!', like in 2002," he added, in reference to the shock qualification of Le Pen's father Jean-Marie 15 years ago at the expense of former Socialist premier Lionel Jospin.

However, many in the crowd, which waved French and European flags, continued to believe he would win because of his pro-EU stance and his pledge to transcend the Left-Right divide.

"We would be proud to be represented in the world by a young and brilliant man, who's also measured and pragmatic," Florence Ombret, a 50-year old teacher from Nevers, told Reuters.

"It would be an earthquake if we were represented by anti-Europe candidates. We can't take this risk, we're nothing without Europe," the former Socialist voter added.

© Reuters. Emmanuel Macron, head of the political movement En Marche !, or Onwards !, and candidate for the 2017 French presidential election, attends a campaign political rally at the AccorHotels Arena in Paris

For a recent newsmaker on Macron, click on:

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.