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Stock impact report

Le Pen Seeks Majority as Rival Groups Team Up to Stop Her [Financial Post (Toronto, Ontario, Canada)]

SOCIETE GENL FRNCE S/ADR (SCGLY) 
NASDAQ:AMEX Investor Relations: societegenerale.com/en/investors
Company Research Source: Financial Post
Author of the article: You can save this article by registering for free here . Or sign-in if you have an account. (Bloomberg) — Marine Le Pen's National Rally is scrambling to get an absolute majority in the final round of France's legislative election Sunday as rival parties are maneuvering to keep the far-right party out of power. President Emmanuel Macron's centrist group and the broad, left-wing New Popular Front alliance have pulled their candidates out of 215 runoffs with more than two candidates to avoid splitting the vote against the far right, according to a count by Le Monde newspaper. Article content In response, the National Rally has been seeking allies to help it win a majority in the 577-seat lower house of parliament in order to enable it to implement a program that includes reversing the government's pension reform, reducing value-added tax and cutting certain aid for foreigners. “Yes, we will have an absolute majority,” National Rally President Jordan B Show less Read more
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