PARIS (REUTERS) - Emmanuel Macron comfortably defeated far-right rival Marine Le Pen in the second round of France’s presidential election, winning 58.55 per cent of the votes against 41.45 per cent for Le Pen, final interior ministry figures showed on Monday (April 25).

The outcome headed off a political earthquake for Europe while Mr Macron acknowledged dissatisfaction with his first term, saying he would seek to make amends.

His supporters erupted with joy as the results appeared on a giant screen at the Champ de Mars park by the Eiffel Tower.

Leaders in Berlin, Brussels, London and beyond welcomed his defeat of the nationalist, eurosceptic Ms Le Pen.

But Mr Macron in his victory speech acknowledged many had voted for him only to keep Ms Le Pen out and he promised to address the sense of many French people that their living standards are slipping.

“Many in this country voted for me not because they support my ideas but to keep out those of the far-right. I want to thank them and know I owe them a debt in the years to come,” he said.

“No one in France will be left by the wayside,” he said in a message that had already been spread by senior ministers doing the rounds on French TV stations.

Two years of disruption from the pandemic and surging energy prices exacerbated by the Ukraine war catapulted economic issues to the fore of the campaign.

The rising cost of living has become an increasing strain for the poorest in the country.

“He needs to be closer to the people and to listen to them,” digital sales worker Virginie, 51, said at the Macron rally, adding that he needed to overcome a reputation for arrogance and soften a leadership style Mr Macron himself called “Jupiterian”.

Ms Le Pen, who at one stage of the campaign had trailed Mr Macron by just a few points in opinion polls, quickly admitted defeat.

But she vowed to keep up the fight with parliamentary elections in June.

“I will never abandon the French,” she told supporters chanting her name.

No grace period

Mr Macron can expect little or no grace period in a country whose stark political divisions have been brought into the open by an election in which radical parties scored well. Many expect the street protests that marred part of his first term to erupt again as he presses on with pro-business reforms.

“There will be continuity in government policy because the president has been re-elected,” Health Minister Olivier Veran said. “But we have also heard the French people’s message.”

How Mr Macron now fares will depend on the looming parliamentary elections. Ms Le Pen wants a nationalist alliance in a move that raises the prospect of her working with rival far-rightists like Mr Eric Zemmour and her niece, Ms Marion Marechal.

Hard-left Jean-Luc Melenchon, who emerged as by far the strongest force on the left of French politics, said he deserves to be prime minister – something that would force Mr Macron into an awkward and stalemate-prone “cohabitation”.

“Melenchon as prime minister. That would be fun. Macron would be upset, but that’s the point,” said Mr Philippe Lagrue, 63, technical director at a Paris theatre, who voted for Mr Macron in the run-off after backing Mr Melenchon in the first round.

Outside France, Mr Macron’s victory was hailed as a reprieve for mainstream politics rocked in recent years by Britain’s exit from the European Union, the 2016 election of Mr Donald Trump and the rise of a new generation of nationalist leaders.

“Bravo Emmanuel,” European Council president Charles Michel, wrote on Twitter. “In this turbulent period, we need a solid Europe and a France totally committed to a more sovereign and more strategic European Union.”

“The financial markets will breathe a collective sigh of relief following Macron’s election victory,” said Principal Global Investors chief strategist Seema Shah.

French divides

The disillusion with Mr Macron was reflected in an abstention rate expected to settle at around 28 per cent, the highest since 1969.

Initial polling showed the vote was sharply split both by age and socio-economic status: Two-thirds of working class voters backed Ms Le Pen, while similar proportions of white-collar executives and pensioners backed Mr Macron, an Elabe poll showed.

Mr Macron won around 59 per cent of votes by 18- to 24-year-olds, with the vote almost evenly split in other age categories.

During the campaign, Ms Le Pen homed in on the rising cost of living and Mr Macron’s sometimes abrasive style as some of his weakest points.

She promised sharp cuts to fuel tax, 0 per cent sales tax on essential items from pasta to diapers, income exemptions for young workers and a “French first” stance on jobs and welfare.

“I’m shocked to see that a majority of French people want to re-elect a president that looked down on them for five years,” project manager Adrien Caligiuri, 27, said at the Le Pen rally.

Mr Macron, meanwhile, pointed to Ms Le Pen’s past admiration for Russian President Vladimir Putin as showing she could not be trusted on the world stage, while insisting she still harboured plans to pull France out of the European Union – something she denies.