# Snap French election called after Far Right success in Euro polls
After the Far Right National Rally (RN) clinched significant victories in the recent European Parliament elections, French President Emmanuel Macron dissolved the French Parliament and called for a snap election. The first round is set for June 30, 2024 followed by the second round a week later. While far-right parties made gains in other European countries like Germany, Italy, and Austria, the overall swing to the right across Europe was not as pronounced as initially thought.
The European Commission presidency for VDL was also being discussed, with some mainstream politicians sounding alarm bells about rising bond spreads in countries like France, Italy, and Spain. This led to speculation about market manipulation and political interference in the upcoming French election. The European Union’s neoliberally driven structure was highlighted as a key factor in shaping political outcomes and maintaining the status quo.
## FAQ
### What sparked the snap election in France?
The Far Right National Rally’s success in the European Parliament elections prompted President Macron to dissolve the French Parliament and call for a snap election.
### Why did bond spreads rise in France, Italy, and Spain?
Concerns over political instability and policy uncertainty, especially in the context of upcoming elections, led to a rise in bond spreads for these countries.
### How did the European Commission influence the French election?
By placing France in the Excessive Deficit Procedure and announcing compliance reports on fiscal rules, the European Commission signaled its stance on fiscal matters, potentially influencing voter opinions.
## Conclusion
The recent events in European politics, particularly in France, highlight the intricate relationship between financial markets, political decisions, and neoliberal structures within the European Union. As debates around fiscal policies and market dynamics continue, the need for progressive reform and discussions on currency sovereignty becomes more prominent. The intersection of politics, economics, and governance in the EU underscores the complexities of regional integration and the challenges faced by individual member states in navigating these dynamics.
Overall, the ongoing developments serve as a reminder of the broader implications of economic decision-making and policy implementation within the European context.