Emmanuel Macron wins French presidency by emphatic margin

  The centrist's emphatic victory, which also smashed the dominance of France’s mainstream parties, will bring huge relief to European allies who had feared another populist upheaval. Emmanuel Macron was elected French president on Sunday with a business-friendly vision of European integration, defeating Marine Le Pen, a far-right nationalist who threatened to take France out of the European Union. The centrist's emphatic victory, which also smashed the dominance of France’s mainstream parties, will bring huge relief to European allies who had feared another populist upheaval to follow Britain's vote to quit the EU and Donald Trump's election as U.S. president. With virtually all votes counted, Macron had topped 66 percent against just under 34 percent for Le Pen - a gap wider than the 20 or so percentage points that pre-election surveys had suggested. Even so, it was a record performance for the National Front, a party whose anti-immigrant policies once made it a pariah, and underlined the scale of the divisions that Macron must now try to heal. After winning the first round two weeks ago, Macron had been accused of behaving as if he was already president; on Sunday night, with victory finally sealed, he was much more solemn.

 Trump also tweeted his congratulations on Macron's "big win", saying he looked forward to working with him. The euro currency which had been rising for two weeks as the prospect receded that France would elect an anti-EU president, topped $1.10 inearly Asian trading for the first time since the U.S. elections. "Fading political risk in France adds to the chance that euro zone economic growth can surprise to the upside this year," said Holger Schmieding, analyst at Berenberg Bank. The 39-year-old former investment banker, who served for two years as economy minister under Hollande but has never previously held elected office, will become France's youngest leader since Napoleon. Le Pen, 48, said she had also offered her congratulations. But she defiantly claimed the mantle of France's main opposition in calling on "all patriots to join us" in constituting a "new political force" 

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