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| French Economy Minister Macron resigns from Hollande govt ahead of likely presidential bid | |
| (35 minutes later) | |
| France’s Economy Minister Emmanuel Macron has stepped down in what is seen as a move aimed at clearing the way for a presidential bid in next year’s elections. | |
| The French President’s Office confirmed Macron’s resignation on Tuesday, adding that Finance Minister Michel Sapin would take his position alongside his current post. | |
| "Emmanuel Macron ... today handed in to the president of the Republic his resignation from the government to fully devote himself to his political party," President Francois Hollande's office said in a statement. | |
| One of France's most popular politicians, Macron created his own political movement En Marche (On the Move) in April, which he described as leaning neither left nor right. Macron also earlier described himself as “not Socialist.” | |
| Macron, a former Rothschild investment banker, earlier attacked some of the central pillars of the French socialist social model such as the 35-hour working week. He was also repeatedly criticized by left-wing politicians for being too lenient towards big business, RFI reported. | |
| He has not yet officially announced if he will run in the 2017 election, but told supporters at a rally in July that he would lead the movement to “a victory” next year. |