France Votes for Macron or Le Pen, Globalization or Populism

  • Le Pen voted in former mining town, Macron on Channel coast
  • Macron credited with double-digit lead in last polls Friday

Macron Says A New Chapter in Our History Has Been Opened

French voters are going to the polls to pick their new president, faced with a stark choice between centrist Emmanuel Macron and far-right Marine Le Pen, and between globalization and populism.

Balloting is taking place in Sunday’s runoff election after a bitter campaign that culminated in an acrimonious debate between the two candidates on Wednesday and a statement from Macron’s camp late Friday that their emails had been hacked. Macron, 39, held a commanding lead in opinion polls going into the legally enforced campaign blackout, which started at midnight Friday. Le Pen, 48, is on track to deliver the strongest-ever showing in a presidential election for her National Front party.

France Votes: Follow Today’s Results and News Here

Marine Le Pen and Emmanuel Macron.

Photographer: Jasper Juinen/Bloomberg

Polls opened across mainland France at 8 a.m. local time. Projections and first results will be released from 8 p.m. Pollsters participate in the count and project the final results based on past voting habits, while the early count is skewed to rural areas, where polls close at 7 p.m., one hour earlier than in big cities.

Macron and Le Pen are vying to lead a country that is politically divided. During the first round of voting on April 23, about 45 percent of votes were cast for candidates who rejected the current economic order as well as France’s ties to the European Union. Neither the Socialists nor the Republicans, pillars of the country’s political establishment, qualified for the final round, the first time that’s happened since Charles De Gaulle ushered in the Fifth Republic in 1958.

Euro Defense

“This election is about the defense of the euro,” Dominique Reynie, politics professor at the Sciences Po institute in Paris, said in an interview. “And it’s about the fracture running through France like other western democracies between those who succeed thanks to globalization, and those who pay the price for it.”

At 65.3 percent as of 5 p.m. in Paris, voter participation was lower than the 72 percent seen at the same point during the last election in 2012, according to the Interior Ministry. Pollsters projected final turnout to be 73-75 percent.

Macron voted in the resort of Le Touquet on the Channel, while Le Pen voted in Henin-Beaumont, her stronghold in northern France, both around 11 a.m., before heading to Paris for election night rallies with their supporters. A press room installed near the Louvre museum where Macron plans to hold his election-night event was briefly evacuated on Sunday due to the presence of a suspicious bag, before journalists were allowed back in.

A Macron victory would mean that French voters will have broken with the populist surge that saw the U.K. vote to leave the European Union and carried Donald Trump to the White House.

A win for Le Pen would be a devastating blow to Europe’s post-war project of political unification and would likely unleash a financial-market selloff as new concerns about the euro’s viability resurface. Le Pen posted her party’s biggest-ever vote in the first ballot on a platform that included abandoning the single currency and reintroducing the franc.

Depressed Towns

Whether she wins or not, Le Pen has conquered the depressed towns of industrial decline in the north and east, building on the National Front’s traditional heartland of the south. France’s unemployment rate remains stuck at 10 percent, roughly double the levels in the U.K. and Germany, presenting a major challenge to the next president.

“To succeed in terms of jobs is of the essence if we want to respond to this anger,” former European Central Bank President Jean-Claude Trichet told Bloomberg Television Friday.

Voter anger, however, was not what dominated the final hours before campaigning stopped. Macron’s team said it was subject to a “massive” cyber attack in the form of the publication of campaign emails in addition to false documents.

The country’s electoral control commission requested media to refrain from disseminating details of the leaked material. It also mandated the French cyber security agency to probe the attack and address any issue.

Gathering Data

Although the agency has been at work at the team’s headquarters since then, it has so far been unable to identify those behind the hacking and is currently gathering data and re-securing the team’s network, a government official said by phone. Any findings are likely to be immediately classified, the official said. The person declined to be named, citing security concerns.

News of the hacking complaint was picked up by print media including Le Monde newspaper and Agence France-Presse and debated on social media, though broadcasters remained silent on the matter Saturday.

Le Pen aide Florian Philippot suggested that the media had avoided scrutinizing Macron thoroughly.

“Will the #Macronleaks uncover things that investigative journalism has deliberately killed?” Philippot said in a tweet just before the blackout began. “Frightening democratic shipwreck.”

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