Projections show Macron elected French President

Former French Socialist prime minister Manuel Valls said on Tuesday he wanted to stand for President-elect Emmanuel Macron's political movement in June parliamentary elections, the first high-profile defection since Macron's election win on Sunday. Valls, making his offer to join Macron's movement on RTL radio on Tuesday, declared France's Socialist Party was dead.

Macron is working to obtain a majority in the lower house of parliament in June elections.

Macron's party chief, Richard Ferrand, told a news conference on Monday that his "En Marche!" movement will now change its name to "En Marche la République" or "Republic on the Move", so as to structure itself more like a traditional party.

Macron's 577 candidates in the elections are expected to be announced Thursday.

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Valls, a centre-leaning politician in favour of relaxing France's tight labour protections, could not even win his own Socialist party's presidential primary, losing to Benoit Hamon. Macron's campaign members Christophe Castaner and Benjamin Griveaux said Valls is welcome but would have to go through the regular application process.

But Macron will be cautious about inviting too many prominent former Socialists into his movement as that would lend credence to the arguments of his conservative opponents that Macron's administration will be a continuation of outgoing President Francois Hollande's unpopular administration.

Macron, an ex-banker, served as economy minister in a Socialist government under Valls, but left to make his successful bid for president at the head of his new party on a promise to turn the page on old Left-versus-Right politics. The breach of Mr. Macron's party, En Marche (On the Move), became public.

As economy minister, a post he held for two years from August 2014, Macron had called for the merger of French auto giant Renault SA and its Japanese partner, Nissan Motor Co.

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Despite all the fears that the anti-establishment, nation-first populist wave that brought us Brexit and then Donald Trump would subsequently sweep across Europe, Emmanuel Macron defeated his rival, the far-right, anti-immigration, anti-EU Marine Le Pen, by a big margin on Sunday.

Jean-Luc Melenchon, who came fourth with a sizeable score in the presidential contest, said he hoped to gain control of the National Assembly and fight to stymie Macron thereafter.

Prime Minister Narendra Modi spoke to Emmanuel Macron, congratulating him on his victory in the French presidential election.

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