  We present final results from the first phase of the EROS search for
gravitational microlensing of stars in the Magellanic Clouds by unseen
deflectors (machos: MAssive Compact Halo Objects). The search is sensitive to
events with time scales between 15 minutes and 200 days corresponding to
deflector masses in the range 1.e-7 to a few solar masses. Two events were
observed that are compatible with microlensing by objects of mass of about 0.1
Mo. By comparing the results with the expected number of events for various
models of the Galaxy, we conclude that machos in the mass range [1.e-7, 0.02]
Mo make up less than 20% (95% C.L.) of the Halo dark matter.
