France: Macron's new party likely to secure 415-455 seats in second round – BBH

In France, Macron's new party (Republic on the Move) appears to have won a little more than 31% of the vote, suggesting that in the second round it can secure 415-455 seats in the 577-seat parliament suggests the analysis team at BBH.  

Key Quotes

“It polled about 10 percentage points more than the center-right Republicans, the party from which the Prime Minister hails.  The Socialists were decimated.  It will likely see the number of seats it controls fall to 20-30 from 331.  Marring the results a little was the extremely low turnout.  Nevertheless, Macron efforts to reshape French politics and economics took a step forward.  His signature program is labor market reforms, which seek to break the tradition of industry-wide settlements, will go full steam ahead.  Macron wants the measures ready before the end of the quarter.”

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