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…
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