What Barclays has called “the politics of rage” certainly isn’t dead.
As we wrote on Friday evening, the very fact that Le Pen’s support was a strong as it was and the very fact that Macron himself is now President-elect says something about the extent to which the political landscape in Europe has shifted beneath the feet of the establishment.
Recall the following set of charts:
That said, this is a body blow for the semi-global, populist uprising that posed what we think can very fairly be described as an existential threat to Western democracy.
The relief is palpable…
Via Bloomberg
Emmanuel Macron winning French presidential election is a “victory for a unified Europe and for the German-French friendship”, German government spokesman Steffen Seibert says in Tweet.
- France is and stays “in the heart of Europe”, German Foreign Minister Sigmar Gabriel says in Tweet
- U.K.’s Prime Minister Theresa May “warmly congratulates” Macron, according to spokesperson
- EU’s Jean-Claude Juncker says he is happy that French chose a European future in Tweet
- EU’s Donald Tusk congratulates French people for “choosing Liberty, Equality and Fraternity over tyranny or fake news”
- Current French President Francois Hollande says called Macron to “congratulate him warmly on his election”
- A victory “for European cooperation”, Swedish Prime Minister Stefan Lofven says in Tweet
- Spanish Prime Minister Mariano Rajoy calls for French- Spanish cooperation in Tweet
- Macron’s win means “hope” for Europe, Italian Prime Minister Paolo Gentiloni says in Tweet
- French have chosen “a future that doesn’t involve protectionism or closed borders”, Finnish Finance Minister Petteri Orpo says in tweet
