he European commentariat has greeted the election of Emmanuel Macron as France's next President with an almost uniform sense of relief. Many have lauded the French for building an impenetrable dam against the tide of anti-EU nationalism breaking across the Continent, with some suggesting that these results mean the tide will finally be turned back. But the French election was more a reflection of factors peculiar to French politics than a harbinger of a fundamental shift across Europe. Popular discontent with elites remains as strong as ever.
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