Economic news

Macron's party obtains absolute parliamentary majority

French President Emmanuel Macron won a large majority in France's National Assembly. His Republic on the Move party gained 350 seats out of a total of 577 in the lower house.

The Republicans will form a large opposition block with 131 seats. The center-left Socialists obtained just 29 seats.

The far-right National Front (FN) party won eight seats. Its leader Marine Le Pen became MP for the first time in her career.

REUTERS/Bertrand Guay/Pool

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