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Will Macron call a referendum by December 31?

$6,544 Vol.

4% chance

Rules

This market will resolve to "Yes" if Emmanuel Macron convenes the electorate for a nationwide referendum by December 31, 2025, 11:59 PM ET. Otherwise, this market will resolve to "No."

To qualify, the Journal officiel de la République française must publish a presidential decree, signed by Emmanuel Macron, deciding to submit a text to a nationwide referendum, for example, through Article 11, Article 89, or via the référendum d’initiative partagée (RIP). Any such decree will qualify, even if the President did not support the initiative.

A mere public announcement from Emmanuel Macron will not suffice. Any referendum initiated through any procedure not requiring a presidential decree will not qualify.

If Emmanuel Macron ceases to be President of France before issuing a qualifying presidential decree, this market will resolve to "No" immediately.

This market will resolve as soon as a qualifying decree is officially published, regardless of when and whether a referendum is held.

The primary resolution source will be the Journal officiel "Lois et Décrets" on Légifrance (https://www.legifrance.gouv.fr/jorf/jo); however, a consensus of credible reporting will also be used.

Volume

$6,544

End Date

Dec 31, 2025

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$6,544 Vol.

Market icon

Will Macron call a referendum by December 31?

4% chance

About

This market will resolve to "Yes" if Emmanuel Macron convenes the electorate for a nationwide referendum by December 31, 2025, 11:59 PM ET. Otherwise, this market will resolve to "No."

To qualify, the Journal officiel de la République française must publish a presidential decree, signed by Emmanuel Macron, deciding to submit a text to a nationwide referendum, for example, through Article 11, Article 89, or via the référendum d’initiative partagée (RIP). Any such decree will qualify, even if the President did not support the initiative.

A mere public announcement from Emmanuel Macron will not suffice. Any referendum initiated through any procedure not requiring a presidential decree will not qualify.

If Emmanuel Macron ceases to be President of France before issuing a qualifying presidential decree, this market will resolve to "No" immediately.

This market will resolve as soon as a qualifying decree is officially published, regardless of when and whether a referendum is held.

The primary resolution source will be the Journal officiel "Lois et Décrets" on Légifrance (https://www.legifrance.gouv.fr/jorf/jo); however, a consensus of credible reporting will also be used.

Volume

$6,544

End Date

Dec 31, 2025