Juppe Declares no Intention of Replacing Fillon in French Presidential Elections

Alain Juppé, the French politician widely tipped to replace conservative candidate François Fillon, has plunged the centre-right into further chaos after he ruled out standing as a candidate in the scandal-hit election race. 

Mr Juppé addressed speculation that he hoped to run for the presidency in a statement on Monday morning in which he said he had no intention of running for office. 

“France needs a renewal, but I will not incarnate that renewal,” he said at a press conference, adding: “It is too late.”

“I repeat, it is too late for me, but it is not too late for France. The country is going through a crisis of confidence but there is also the potential for it to make a comeback.”

via Telegraph

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Alfonso Esparza

Alfonso Esparza

Senior Currency Analyst at Market Pulse
Alfonso Esparza specializes in macro forex strategies for North American and major currency pairs. Upon joining OANDA in 2007, Alfonso Esparza established the MarketPulseFX blog and he has since written extensively about central banks and global economic and political trends. Alfonso has also worked as a professional currency trader focused on North America and emerging markets. He has been published by The MarketWatch, Reuters, the Wall Street Journal and The Globe and Mail, and he also appears regularly as a guest commentator on networks including Bloomberg and BNN. He holds a finance degree from the Monterrey Institute of Technology and Higher Education (ITESM) and an MBA with a specialization on financial engineering and marketing from the University of Toronto.
Alfonso Esparza