Whatever the outcome of France’s presidential elections, it probably won’t raise the odds of an exit from the euro, most analysts say.
The chances of anti-euro candidate Marine Le Pen winning the second round on May 7 are slim and even if she does, the National Front party leader is unlikely to get a majority in the legislative vote in June, according to banks including Barclays Plc and UniCredit SpA. Without strong support in Parliament, her ability to push for a referendum on the country’s membership in the currency union will be limited, according to most currency strategists and economists.
