Emmanuel macron wins the french presidency, but that may prove to have been the easy part. We assess how his en Marche Movement hopes to tackle the huge problems of the french economy. And President Trump wants to cut red tape to get drugs on the market faster, but the Pharmaceutical Industry is wary of president s bearing gifts. So now lets focus on the Business Implications of that result in france. Well look at all the Market Reaction as well in this of World Business report. So, he got thejob. Emmanuel macron is to be the french president. Now the hard work begins. His first challenge will be to form a government with crucial parliamentary elections in june. The outcome of that will determine how much power the new president has to tackle the lengthy list of economic problems. As weve highlighted before on this Programme France has had a high Unemployment Rate for many, many years. Currently it is about 10 of the workforce, or 3 million people. That co m pa res workforce, or 3 mill
On fake news during the Election Campaign, saying itll do all it can to tackle the problem. In sport, theres hope yet for arsenals season. They beat Manchester United and are still in the chase for the Champions League places. And carol has the weather. Good morning. For some of us, the good morning. For some of us, the good weather will last. A bit more cloud in the north and east and still cool down in the north sea coastline. I will have more details in about ten minutes. Good morning. First, our main story. Frances newly elected president , Emmanuel Macron, has promised to heal the countrys divisions following his resounding victory over the far right leader, Marine Le Pen, in yesterdays election. The pro eu candidate secured 66 of the vote and atjust 39 years old, he will become the countrys youngest ever leader. Speaking at a Victory Rally outside the louvre in paris, he said the task ahead was immense and made a plea for unity. Heres our europe correspondent, Damian Grammaticas.
Thousands have been rescued by the italian coast guard. Starting first of all with the official results from the president ial election. Emmanuel macron beat Marine Le Pen with 66. 1 of the vote against 32. 9 for the far right leader. Mac ron will be the youngest french president ever to serve. It will be sworn in on may 15. One third of french voters either abstained or spoil their ballots. The National Front won a record result. Victory was greeted with enthusiasm in brussels and other european capitals. More muted reaction from washington and moscow. Europe breathes a sigh of relief as a manual macron clinches a victory. Among thekel was first to praise the campaign. Campaign that stands for openness to the world nd the european economy. The European Commission president john paul uecker also welcome to the victory but said he would have to tackle spending. The french spend too much money in the wrong places. The french spend between 53 and 57 of their Gross Domestic Product on the
Thousands have been rescued by the italian coast guard. Starting first of all with the official results from the president ial election. Emmanuel macron beat Marine Le Pen with 66. 1 of the vote against 32. 9 for the far right leader. Mac ron will be the youngest french president ever to serve. It will be sworn in on may 15. One third of french voters either abstained or spoil their ballots. The National Front won a record result. Victory was greeted with enthusiasm in brussels and other european capitals. More muted reaction from washington and moscow. Europe breathes a sigh of relief as a manual macron clinches a victory. Among thekel was first to praise the campaign. Campaign that stands for openness to the world nd the european economy. The European Commission president john paul uecker also welcome to the victory but said he would have to tackle spending. The french spend too much money in the wrong places. The french spend between 53 and 57 of their Gross Domestic Product on the
Never even contested an election before this year. It really has been an astonishing year in french politics. Emmanuel macron, the young, fresh phrased, road business, ardent european. About to be inaugurated pro business. He trounced his rivals in the elections, a resounding vote in support of a man who only set up his en marche party about a year ago. We are already hearing, by the way, just you know, just to let you know, that we will expect him to appoint his Prime Minister to morrow. We have heard that in the last few minutes. The Prime Minister will be appointed tomorrow and the government will be formed on tuesday. That is what sources close to Emmanuel Macron are telling us. That is the scene there in Central Paris, as we await the formalities of the inauguration and, of course, the french do these things with wonderful and grandeur and lets go to my colleague who was there watching it all unfold. A rather drizzly morning there in paris, we can tell from your umbrella 7 drizzly