Bangkok welcomes Macron win as nerves calmed over EU
Thailand has welcomed the victory of the pro-European centrist Emmanuel Macron in the French presidential election, banishing for now the spectre of another departure from the European Union and steadying the nerves of investors. Kobsak Pootrakool, Vice Minister for the Prime Minister’s Office, on May 8 said Macron’s win over far-right candidate Marine Le Pen, who had vowed to hold a referendum on the country’s EU membership, was good news for Thailand. The poll result would have a positive impact on the global economy in the second half of this year, Kobsak said. The European economy had bottomed out and would gradually recover, while the US economy has picked up, while only Japan and China would take more time to recover, he added.
