The results of the first round of the presidential election open a new phase of the political crisis in France. As in April 2002, the second round will be between the right and the far right. But much has changed since then. The economic crisis of 2008 has taken place. The probable victory of Emmanuel Macron, in two weeks time, will not lead to the relative political stability that Chirac benefited from in the wake of his victory in May 2002.