President Emmanuel Macron's controversial pension overhaul, pushed through by overriding the country's parliament, could eventually erase what the French leader has been working for over the last six years, political analysts told CNBC. Macron has placed himself as a centrist politician, when aiming to become president in 2017, he chose to establish his own party (La Republique en Marche!, which has been rebranded Renaissance) and tried to break away from the traditional conservative and socialist stances. When elections in 2017 and 2022, he comfortably overcame the far-right challenge of Marine Le Pen, but analysts now predict a more clouded outlook with Macron not eligible to run in 2027. Macron's recent decision to use special legislative powers to push through a hike in the retirement age adds to a wider dissatisfaction with the political system, Armin Steinbach, a professor of European law and economics at HEC Business School, told CNBC last week. A poll published earlier this month by the French business channel BFM TV showed that
The post Macron Bypassed Parliament and Angered French Citizens, setting up the far right for a bounce appeared first on Balanced News Summary.