Global markets are jumpy about the prospect of a far-right government in France after President Emmanuel Macron called a snap election following his centrist party’s drubbing in EU elections earlier this month.
French Finance Minister Bruno Le Maire warned on Tuesday that France could fall into a debt crisis if the far right or the left-wing alliance triumph.
But Boštjančič suggested that the advance of the far right in the European Parliament election earlier this month won’t have a negative impact.
“I don’t believe that … the elections and the political board turning to the right … will have a negative effect,” he said.
Boštjančič was similarly dismissive about the U.S. election outcome, arguing the November vote is “not that important” compared with European developments.
“Everybody in Europe is so much focused [on] the United States. We should just focus [on] ourselves and on how to make our decision making process more effective,” he said.
Regardless of who becomes president, the U.S. administration is “super efficient” so “it doesn’t matter that much who will win,” Boštjančič said.
