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  • 2 years ago
French Prime Minister Gabriel Attal announced he would submit his resignation on Monday following early results from France's legislative elections. Attal's centrist party Ensemble and its allies are projected to win fewer seats than the left-wing New Popular Front in the election. No party or coalition appears set to win an absolute majority in parliament, leaving France with a "hung parliament" scenario where multiple parties must broker alliances. Attal described his departure as the start of a "new era" for France, with future political alliances yet to be decided.
Transcript
00:00It's Benzinga, and here's what's on the block.
00:02French Prime Minister Gabriel Attal announced he would submit his resignation on Monday
00:07following early results from France's legislative elections.
00:11Attal's centrist party, Ensemble, and its allies are projected to win fewer seats than
00:15the left-wing New Popular Front in the election.
00:18No party or coalition appears set to win an absolute majority in parliament, leaving France
00:23with a hung parliament scenario where multiple parties must broker alliances.
00:28Attal described his departure as the start of a new era for France, with future political
00:32alliances yet to be decided.
00:34For all things money, visit Benzinga.com.