France's Macron seeks new horizon, hints at presidential bid

2016-08-31 21:30
Emmanuel Macron (File, AP).

Emmanuel Macron (File, AP).

Multimedia   ·   User Galleries   ·   News in Pictures Send us your pictures  ·  Send us your stories

Paris — Potential French presidential contender Emmanuel Macron says he's leaving his job as economy minister because he wants to take new risks, after a tenure marked by controversial labour reforms.

The media-savvy former investment banker hasn't formally announced a bid for next year's presidential elections, but is strongly suggesting one.

In handing over powers on Wednesday to Finance Minister Michel Sapin, Macron said, "today's circumstances require taking risks". He said he's "taking to the sea with a clear course and the determination to take this risk".

Macron has previously said he will use the political movement he created this year to build a programme aimed at "changing the country”.

Sapin, a longtime ally of President Francois Hollande, is taking over both the economy and finance ministries. He said he'd continue to pursue reforms, but also insisted on the importance of leftist ideals.

Critics say Macron betrayed those ideals by rolling back some labour protections.

"I don't understand how one can quit at such a difficult time for the French," Education Minister Najat Vallaud-Belkacem said on RTL radio on Wednesday.

Junior minister Jean-Marie Le Guen, in charge of the relations with the parliament, said on LCI television said he has "some doubts" about whether Macron will be able to achieve his goal.

Government spokesperson Stephane Le Foll said Hollande called on his government to continue to work in a "collective" way at a cabinet meeting on Wednesday. "Much remains to be done," Hollande added.

Read more on:    france

Join the conversation! encourages commentary submitted via MyNews24. Contributions of 200 words or more will be considered for publication.

We reserve editorial discretion to decide what will be published.
Read our comments policy for guidelines on contributions.

Inside News24

Traffic Alerts
There are new stories on the homepage. Click here to see them.


Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.

Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire network.


Location Settings

News24 allows you to edit the display of certain components based on a location. If you wish to personalise the page based on your preferences, please select a location for each component and click "Submit" in order for the changes to take affect.

Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.