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Business needs to calm down about French election, says Euronext CEO

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Stéphane Boujnah says both far-right and leftwing alliance would struggle to implement their plans in government

The French chief executive of Europe’s biggest stock exchange group has appealed for business leaders to stay “calm” ahead of the country’s looming snap elections, saying neither the far-right party nor a new leftwing alliance would be able to enact their policy pledges.

Boujnah, who has led Euronext since 2015 and previously worked as a banker at Santander and Deutsche Bank, said the crucial question for both the NFP and the RN “is how long will it take for them to water down explicitly their ambition”. It was one thing “to propose things that sound smell extreme to be voted; another one . . . to run a country and be confronted with complexity”, he said.

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