Defecting French ex-PM Valls is told he must join Macron's party

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Macron proposes business-friendly reforms, and has said that he wants to see some power over bank capital rules transferred from regulators to European ministers.

The list of candidates being announced by the Republic on the Move party on Thursday marks a milestone in Macron's plans to repopulate the National Assembly with new faces and new ideas.

At a victory party outside the Louvre Museum in Paris, Macron supporters roared with delight at the news, waving red, white and blue tricolor flags. After that, Macron will name an interim team to run day-to-day affairs pending the outcome of the legislative elections which take place in two rounds on June 11 and 18.

Despite all the fears that the anti-establishment, nation-first populist wave that brought us Brexit and then Donald Trump would subsequently sweep across Europe, Emmanuel Macron defeated his rival, the far-right, anti-immigration, anti-EU Marine Le Pen, by a big margin on Sunday.

The 39-year-old has also promised that half of candidates in winnable seats will be women.

The party has received and filtered through some 15,000 applications submitted online since 19 January, a representative of the movement said.

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Party spokesman Benjamin Griveaux said Valls had not applied to the party's selection committee and had 24 hours left to do so.

"The idea, whatever people say, is not to humiliate candidates or treat them brutally", one En Marche insider told AFP on condition of anonymity.

Baroin tried to highlight the risks facing defectors by citing the example of Manuel Valls, a former Socialist prime minister who said he was ready to back Macron in the June election.

The Republicans party, whose candidate Francois Fillon crashed out in the first round of the presidential election after being charged over giving his wife allegedly "fake" jobs on the public payroll, is also aiming to become the majority party in parliament.

An Elabe poll for BFM TV found that 52% of those polled wanted Macron's party to get a majority in parliament while 47 percent wanted opposition lawmakers to hold a majority.

That would force Macron, who will be inaugurated on Sunday, to share power with them in what is known as a "cohabitation" in France.

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