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Sunday, 10 June 2012 - Left favorites as France votes on new parliament |
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      Edition: U.S. Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Home Business Business Home Economy Technology Media Small Business Legal Deals Earnings Social Pulse Business Video The Freeland File Markets Markets Home U.S. Markets European Markets Asian Markets Global Market Data Indices M&A Stocks Bonds Currencies Commodities Futures Funds peHUB World World Home U.S. Brazil China Euro Zone Japan Mexico Russia India Insight World Video Reuters Investigates Decoder Politics Politics Home Election 2012 Tales from the Trail Political Punchlines Supreme Court Politics Video Tech Technology Home MediaFile Science Tech Video Tech Tonic Social Pulse Opinion Opinion Home Chrystia Freeland John Lloyd Felix Salmon Jack Shafer David Rohde Bernd Debusmann Nader Mousavizadeh Lucy P. 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At stake in the vote for the 577-seat National Assembly, the lower house of parliament, is Hollande's ability to rule unfettered as he seeks to reboot Europe's second-largest economy. On a rainy day across most of France, voting stations opened at 8 a.m. (0600 GMT). They are due to close at 8 p.m., when early returns should give an indication of the size of what polls predict will be a victory for the Socialists and their allies. Francois Bayrou, a centrist who ran for president and is now fighting to keep his parliamentary seat, was among early voters in Pau, southwest France. Another early riser was Marie-Arlette Carlotti, who has to win a seat in Marseille to keep her post as minister for the handicapped under guidelines Hollande laid down when he named an interim government in mid-May. A second and final round of voting takes place on June 17, determining the makeup of an assembly that Holland, at the start of a five-year term, hopes will cooperate in the implementation of his tax-and-spend program. He has promised to curb rising unemployment and erase a government overdraft without exposing voters to welfare cuts and Greek-style austerity. France's Senate, the upper house of parliament, is already under left-wing control. The 57-year-old Socialist, who unseated conservative Nicolas Sarkozy on May 6 and was sworn in mid-May, also needs all the help he can get as he lobbies European leaders, chief among them German Chancellor Angela Merkel, to do more for economic growth. Hollande wants a fiscal responsibility pact signed by his predecessor to be reworked, arguing that it needs more pro-growth measures. But Merkel has ruled out resorting to the issuance of common euro zone bonds short of moves towards closer fiscal union. NUMBERS GAME Barring an upset, the main question hanging over Hollande is whether the Socialists will win control of the National Assembly on their own, or will have to depend on the Greens and more radical left-wingers to secure the 289 seats needed for a majority. Polls published in the days before the opening round showed the Socialist Party more or less neck-to-neck with Sarkozy's centre-right UMP party, with about a third each of the total vote. But the polls put the Socialists on course to take as much as 46 percent of the total vote with the help of the Greens, their first preference as coalition partners, and the Left Front, a grouping that includes Communists and other hardliners. According to an Ipsos poll, vote percentages for the Socialists, the Green and the Left Front could translate into a combined 292 to 346 seats. More than 6,000 candidates are taking part in a race where anyone with a score of 12.5 percent of registered voters goes on to the second and final round, and where few win the 50 percent upwards required to secure a seat outright in round one. Ipsos saw the far-right National Front, whose leader Marine Le Pen took an unexpectedly large 17.9 percent of a first-round presidential vote in late April, winning anywhere between zero and three seats. (Editing by Andrew Heavens) World France France Election Tweet this Link this Share this Digg this Email Reprints   We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above.   Edition: U.S. Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Back to top Reuters.com Business Markets World Politics Technology Opinion Money Pictures Videos Site Index Legal Bankruptcy Law California Legal New York Legal Securities Law Support & Contact Support Corrections Connect with Reuters Twitter   Facebook   LinkedIn   RSS   Podcast   Newsletters   Mobile About Privacy Policy Terms of Use AdChoices Copyright Our Flagship financial information platform incorporating Reuters Insider An ultra-low latency infrastructure for electronic trading and data distribution A connected approach to governance, risk and compliance Our next generation legal research platform Our global tax workstation Thomsonreuters.com About Thomson Reuters Investor Relations Careers Contact Us   Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

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