Macron wins presidency, Le Pen defeated by a landslide

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macron wins presidency

French voters were choosing on Sunday between a young, pro-European Union centrist and a eurosceptic, anti-immigration far-rightist for their next president, with official figures and estimates indicating a low turnout.

Opinion polls predicted that the 39-year-old former economy minister Emmanuel Macron would win the five-year presidency, seeing off the National Front’s Marine Le Pen after an election campaign full of scandal and upsets. Macron won with more than 65%.

Voting was not due to end until 8pm, but Belgian media published what they said were surveys taken on Sunday by four unnamed pollsters among people who had voted or intended to vote.

The Belgian public broadcaster RTBF said the surveys put Macron’s share of the vote at between 62% and 67%. The information could not be verified. Pollsters are not allowed to publish election-day surveys in France before voting closes. But the reported surveys were broadly in line with the last opinion polls on Friday, and pre-election surveys proved accurate for the tight first round between 11 candidates last month.

By midday, both candidates had voted, he in Le Touquet on the north coast, and she in the northern town of Henin-Beaumont.

A victory for Macron, who wants to deregulate the economy and deepen EU integration, contrasts with recent nativist, anti-globalisation voting outcomes such as those that will see Britain quit the EU and made Donald Trump US president.

But even in defeat, the 48-year-old’s vote is likely to be about twice what her party scored the last time it reached the presidential second round in 2002, demonstrating the scale of voter disaffection with mainstream politics in France.

After a campaign in which favourites dropped out of the race one after the other, this has put her closer to elected power than the far right has been in France since the Second World War. And if polls prove accurate and the country elects its youngest-ever president rather than its first female leader, Macron himself has said himself he expects no honeymoon period.

Close to 60% of those who voted for Macron said they did so to stop Le Pen from being elected to lead the eurozone’s second-largest economy, rather than because they fully support the former banker turned politician.

“I don’t necessarily agree with either of the candidates,” psychotherapist Denise Dulliand, who was voting in Annecy in the mountainous southeast, said.

“But I wanted to … be able to say that I came, even if I am really not satisfied with what is happening in our country, and that I would like to see less stupidity, less money and more fraternity.”

Figures from the Interior Ministry said 65.30% of voters had turned out by 5pm, lower than in any of the past four presidential elections at the same stage of the day. Pollsters’ estimated based on these figures put the final turnout at 73%-75%, down from about 80% or more in those past four elections.

Pollsters saw likely abstentions — and perhaps blank and spoilt papers — as highest among left-wing voters who feel disenfranchised by Sunday’s choice.

Markets rose last week in response to Macron’s widening lead over his rival after a bitter television debate on Wednesday.

“We increased our equity exposure and added some French stocks after the first round,” said Francois Savary, chief investment officer at Geneva-based fund management firm Prime Partners. “The major political risk of a Le Pen victory appears to be disappearing.”

But the battle for control of policy will continue into parliamentary elections next month in which the new president will try to secure a majority in parliament.

Macron’s win will open a new chapter in French politics, after the big left- and right-wing movements that have ruled France for decades both suffered humiliating defeats in the election’s first round.

The campaign suffered yet another surprise on Friday night, just as the quiet period in which politicians are forbidden from commenting began. Macron’s team said a massive hack had dumped emails, documents and campaign-financing information online.

With security a prime concern, more than 50,000 police officers were on duty on Sunday. A series of militant attacks in Paris, Nice and elsewhere in France have killed more than 230 people since 2015.

The courtyard of the Louvre Museum in Paris, where Macron is due to speak after the result, was briefly evacuated on Sunday after a suspect bag was found.