01:56 25-07-2014
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French government under threat after election blow

Bishkek (AKIpress) - France Elections-1 French President Francois Hollande is preparing a probable shake-up of his unpopular government after his Socialist Party suffered losses in nationwide municipal elections.Disappointment with the Socialists' handling of the economy drove many voters to conservative or anti-immigrant far-right candidates, the FOX News reported today.

Hollande is having lunch on Monday with Prime Minister Jean-Marc Ayrault, whose job is on the line and said himself that the elections were a defeat for the government. His government has failed to fulfill its promises to cut France's more than 10% unemployment and boost growth, which was just 0.3% last year, according to figures released today.

Interior Minister Manuel Valls is among names circulating as a possible replacement prime minister if Hollande decides to fire Ayrault. Changes are especially expected in the Finance Ministry.


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