Armin Steinbach, law professor at HEC Paris Business Schools, comments on CNBC the results of the French legislative elections and particularly criticizes the French President: "Macron's gamble didn’t pay off. What he wanted to achieve was clarity, clarification on support for his government, and in that he failed. Moreover, his bloc lost significantly in votes. We are now with a parliament composed of one-third left, one-third right, one-third in the center — it’s fragmented and there’s a risk of a gridlock. I don’t see this as a success for Emmanuel Macron."