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home / news releases / ERO - France's Macron faces Le Pen in runoff with cost of living on the ballot


ERO - France's Macron faces Le Pen in runoff with cost of living on the ballot

In a replay of the 2017 presidential election, French voters have advanced incumbent Emmanuel Macron and candidate Marine Le Pen to the second round of runoff election. The two-round system has been in place since a 1962 referendum, and while it is costly and can weigh on logistics, many cite benefits like the prevention of vote splitting or giving the opportunity to elect candidates with the most winning potential. French elections only proceed to a second round if in the first no candidate received more than 50% of vote, which is rare for presidential elections but sometimes occurs in local ballots. Results: Macron landed 28.2% of the estimated vote ahead of Le Pen with 22.9%. The two will now face each other in an April 24 rematch that will decide whether Macron will stay in power. In recent surveys, Macron lead Le Pen in the runoff by just 2 percentage

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France's Macron faces Le Pen in runoff with cost of living on the ballot
Stock Information

Company Name: Barclays Bank PLC
Stock Symbol: ERO
Market: NYSE
Website: erocopper.com

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