So far, this French electoral cycle is something in between a roller coaster and a demolition game. The French political system is accustomed to crushing incumbents, but this time the destruction has been more inclusive.
While Europe might take solace from the presidential election result, it should recognise that Austria’s Eurosceptic drift will not be halted by Van der Bellen
With Renzi declaring that he will resign if the electorate rejects his reforms, the referendum is now widely seen as a vote of confidence on the government itself