Why is the Socialist Party about to collapse in France?

Why is the Socialist Party about to collapse in France?

The Socialist Party (Parti Socialiste or PS), a centre-left party, was one of the two largest parties of the 5th Republic, founded by De Gaulle, until the 2017 presidential elections. The party has produced presidents who have deeply influenced French politics, except for the 2002 and 2017 presidential elections, it has always been in the second round and has managed to become either the ruling party or the main opposition in the elections.

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