Currency Analyst since 2010

France: the new government

The new French cabinet, dubbed Valls II, started working on Wednesday. The reshuffled government is enforced with the loyal supporters of Hollande and Prime Minister Manuel Valls.

Emmanuel Macron, a former banker and Hollande’s top economic adviser, was appointed as new economy minister replacing Arnaud Montebourg, who harshly criticized the policy of austerity measures and called for a change in the nation’s economic course.

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