FRANCE: ‘ PM Manuel Valls Appoints Former Merchant Banker Emmanuel Macron As Economy Minister ‘

#AceFinanceNews – FRANCE (Paris) – August 28 – French Prime Minister Manuel Valls appointed Emmanuel Macron, a 36-year-old former merchant banker, as his economy minister on Tuesday (26 August), as he unveiled his new government.


Valls, who was himself appointed by President Francois Hollande in March, dissolved his administration on Monday after the left-wing economy minister Arnaud Montebourg criticised the government’s economic policies and accused Germany of having an “obsession” with budgetary austerity in two speeches over the weekend.

​"France is a free country which shouldn’t be aligning itself with the obsessions of the German right," Montebourg told a Socialist party rally on Sunday.

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