The French parliamentary elections concluded a week ago, but the post-election period remains a hot topic, given that France is the second-largest economy in the European Union (EU) and holds a significant position within the bloc.
According to Marie Krpata, a researcher at the French Institute of International Relations, French President Emmanuel Macron was once a driving force within the EU on several issues, such as proposing several initiatives to move the EU forward in 2017; achieving certain successes in EU industrial policy; establishing trade protection mechanisms; and actively coordinating defense policy at the continental level. In addition, there was the concept of "European self-determination," a concept proposed by the French President and accepted within the EU…
However, the French Parliament is currently divided into three major political blocs, none of which holds an absolute majority. This prolonged situation will force the need to seek alliances to pass legislation. According to Ms. Krpata, this will force France to focus its attention on domestic issues, weakening its voice within the EU as it will be unable to contribute significantly to the bloc. Meanwhile, the situation in Germany, the EU's largest economy, is also not very promising.
The Economist once expressed concern about the less-than-ideal economic situation: stagnant growth, high inflation, and rising energy prices making it difficult for German industrial facilities to compete.
Furthermore, Germany will also hold legislative elections in 2025, starting with regional elections in eastern states such as Brandenburg and Saxony in September 2024. Will the parties in the ruling coalition win, given that voters in eastern Germany traditionally support extremist parties, both far-right and far-left?
Therefore, according to Ms. Krpata, both France and Germany are likely to be weakened. This seriously impacts the EU at a time when the bloc is at a critical juncture, having to decide how to act in a world where international relations are becoming increasingly tense; the EU is caught between China and the US, especially with former US President Donald Trump potentially returning to the White House later this year.
MINH CHAU
Source: https://www.sggp.org.vn/noi-lo-cua-chau-au-post749249.html
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