Slovak politicians welcome the election of Macron as French president

Emmanuel Macron delivers a speech in front of the Louvre Museum in Paris after his election victory that has been cheered by investorsMore

Amid a sea of red, white, and blue tricolor flags at a victory party outside the iconic Louvre Museum in Paris on May 7, Macron said the country was turning a page in its history and pledged to the thousands in attendance to defend France and Europe and "rebuild links between Europe and its citizens".

Emmanuel Macron was confronted on Monday with pressing reminders of the major challenges facing him after he is sworn in as France's next president this weekend.

Hardly surprising then that Macron's victory over far-right candidate Marine Le Pen on Sunday is being hailed by advocates of liberalist economics, free trade and European integration.

This content is available only to members of Automotive World with a valid subscription. In fact, after the first round of voting, polls showed that he came third among the 18- to 24-year-old age group, behind leftist Jean-Luc Mélenchon and Marine Le Pen.

He won a whopping 66.09 per cent of the vote, crushing Marine Le Pen.

German Chancellor Angela Merkel said Macron "carries the hopes of millions of French people and also many in Germany and across Europe".

"To govern effectively, Macron needs the backing of a parliamentary majority (289 seats or more), but the chance of his movement being able to build one, from zero seats, appears slim", the analyst said. "He stands for openness to the world", Merkel said in Berlin.

Many believe that Macron's win will help ease concerns about European politics.

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European Commission chief Jean-Claude Juncker wrote on Twitter that he was "happy that the French chose a European future".

Unlike in the presidential election, where the traditional ruling parties were eliminated in the first round, they will once more be a force to be reckoned with in the lower house elections. "New opportunities will now open up for the proactive agenda needed to strengthen the European Union, including more jobs and fair working conditions, a stronger climate policy and a functioning asylum system in which everyone takes responsibility", said Sweden Prime Minister Stefan Lofven.

"The growing threat of terrorism and militant extremism is accompanied by an escalation in local conflicts and the destabilization of entire regions". But it will be contesting its first ever election. "In these circumstances, it is especially important to overcome mutual distrust and unite efforts to ensure worldwide stability and security", he said.

"I have admired the campaign that Emmanuel Macron has run", Obama said in a video endorsing Macron.

One of Macron's other priorities will be to name a prime minister.

But if another party wins a majority, the new president could be pressured to choose a prime minister from that party, a situation the French call "cohabitation".

Emmanuel Macron has not held a political office, but was a civil servant and investment banker.

And many clearly shared that view - particularly those on the left who vehemently opposed Le Pen but found Macron's plans to reduce corporate tax and cut public sector jobs unpalatable.

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