France's next legislative election remains scheduled no later than June 2029 following the 2024 vote, though Article 12 allows the president to dissolve the National Assembly at any time. With the 2027 presidential contest now the dominant focus—where recent polls show Marine Le Pen leading the first round at 35-37% and Jean-Luc Mélenchon advancing to a runoff in tested scenarios—traders see limited near-term incentive for a snap legislative call. Recent developments, including the social-democratic left primary won by Raphaël Glucksmann on October 11 and ongoing coalition tensions, have reinforced expectations of stability until after the presidential vote. Historical patterns indicate new presidents often dissolve the assembly shortly after inauguration to secure a working majority.
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