Le Pen's far-right Rassemblement National wins elections

Le Pen's far-right Rassemblement National wins elections, "You start with a shortfall of 5.5%, an obligation of every available ounce of effort, you can do nothing for the following three years, and that implies the shortages simply don't descend. As far as I might be concerned, that is the most concerning issue that France is confronting at present," Jefferies' boss monetary financial expert for Europe, Mohit Kumar, told CNBC's "Cackle Box Europe" on Tuesday.