Le Pen promises that if she wins the presidential election, she, too, will call for a referendum on whether France should remain in the E.U., and she hopes a similar alliance of voters will yield the same result. France is a founding member of the E.U. and is far more economically and politically entwined with the bloc than Britain, which was never a fully committed member. While Brexit was a blow to the E.U., France’s departure could signify its end. An eventual French exit, though unlikely, is not unimaginable. French voters rejected a European Constitution in a 2005 referendum, and French attitudes toward the European Union since then have only grown more skeptical. A pre-Brexit Pew Research Center survey found that 61 percent of the French held an unfavorable view of the E.U.; the same survey found that 48 percent of Britons did.
Source: Will France Sound the Death Knell for Social Democracy? – The New York Times
MY OPINION
If France withdraws from the EU, it’s over. There will be wide spread financial chaos that makes 2011 look like a warm up act. I have blogged about this in a previous post including our best investment ideas.