Béziers: The French election result provides several paths to a stable government

Jinshi data news on July 8th, Belenberg Bank's chief economist Schmidin said in a report that the political forces that united to prevent the National Rally from taking office in France have almost no common ground in other respects. They often hold completely opposite views on fiscal policy, social and cultural issues, and promoting economic rise. He said that there is almost no tradition for France to build alliances between political parties of different tendencies. Schmidin believes that the least bad result is to form a stable government led by moderate left-wing leaders and supported by centrists or center-right Republicans, although this result is unlikely to materialize. He also pointed out that France may eventually form a minority government led by a center-left prime minister who can gain approval from the centrists. At the same time, he added that there are still serious risks, namely that a left-wing-led government may occasionally join forces with the National Rally to implement destructive tax and spending policies and reverse reforms.