French presidential elections2022- Macron defeated Le Pen to secure second term as president

 According to exit polls- President Macron is likely to win with 58% votes against 42% of far right candidate Le Pen 

French President Emmanuel Macron was on course Sunday to win a second term by defeating far-right leader Marine Le Pen in presidential elections, projections showed. Macron was set to win around 58% of the vote compared with Le Pen on around 42% according to projections by polling firms for French television channels based on a sample of the vote count.

The macron victory is a big sigh of relieve not only for the French capitalists but also for EU leaders. Far right Le Pen's victory could have been a nightmare for EU leaders. 

The result is narrower than their second-round clash in 2017, when the same two candidates met in the run-off and Macron polled over 66 percent of the vote.

The relatively comfortable margin of victory will nonetheless give Macron some confidence as he heads into a second five-year mandate, but the election also represents the closest the far-right has ever come to winning power in France.

A victory by Le Pen, accused by opponents of having cosy ties with Russian President Vladimir Putin, would have sent shockwaves around the world comparable to the 2016 polls that led to Brexit in Britain and Donald Trump's election in the United States.

The outcome, expected to be confirmed by official results overnight, will cause immense relief in Europe after fears a Le Pen presidency would leave the continent rudderless following Brexit and the departure of German chancellor Angela Merkel.

Left-leaning EU leaders including German Chancellor Olaf Scholz had pleaded with France in the run-up to the vote to choose Macron over his rival, in an unusual intervention published in Le Monde newspaper.

Macron will be the first French president to win re-election since Jacques Chirac in 2002 after his predecessors Nicolas Sarkozy and Francois Hollande left office after only one term.

On the basis of the official figures, polling organisations estimated that the abstention rate was on course for 28 percent which, if confirmed, would be the highest in any presidential election second-round run-off since 1969.

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