Elections in France overshadowed by frost
Macron refers to apple producer
Macron referred to this in his last debate. A big discussion between Le Pen and Macron was about closing borders or being active in the EU. Where Le Pen wants to step out of the Euro, Macron was explaining how everybody is benefiting from the Euro. One of his examples referred to a small producer of apples who wants to sell his products in euros.
About 50 per cent of all the apples grown in France are exported. One fresh produce exporter confirmed the truth of Macron's statement and therefore says it would be better if he wins the coming elections in France on Sunday. His opponent, Marine le Pen, wants to close the French borders to Europe and the world. “We’re happy when French politicians promote exports to Europe. Promoting exports to Europe is the only way forward for us, we won’t have a future otherwise.”
Europe
The trader thinks Macron winning the election won’t have much influence on the apple business in general. “He promotes France looking towards the future and he is open to Europe. These are the same things my company stands for, and I would feel more comfortable with someone in charge promoting these kinds of things.”
Frost
“In general, I don’t think the election will have much influence on the euro. There might be an initial impact if Le Pen wins, but that would be short-lived. Our company has been exporting for a while, and the euro allows us to be competitive. We don’t necessarily want a strong or a weak euro, we want one that allows us to be competitive. The currency should reflect the economy,” he explains. “However, our main concern last week was the frost, which has been in the news much more than the elections.”