This article is from the source 'nytimes' and was first published or seen on . It last changed over 40 days ago and won't be checked again for changes.

You can find the current article at its original source at http://www.nytimes.com/2014/11/08/world/europe/francois-hollande-re-election-bid-could-hinge-on-bid-to-reduce-unemployment.html

The article has changed 4 times. There is an RSS feed of changes available.

Version 0 Version 1
Hollande’s Re-election Bid Could Hinge on Effort to Ease Unemployment Hollande’s Re-election Bid Could Hinge on Effort to Ease Unemployment
(35 minutes later)
President François Hollande of France, facing record-low approval ratings at the midpoint of his five-year term, has strongly hinted in a television interview that he would not seek a second term if he could not reduce the nation’s stubbornly high unemployment rate. President François Hollande of France, facing dismal approval ratings at the midpoint of his five-year term, has strongly hinted in a television interview that he would not seek a second term if he could not reduce the nation’s stubbornly high unemployment rate.
In a bold effort to reassert his relevance, the French leader went on prime-time television on Thursday night for a rare 90-minute interview during which he faced questions about tax increases and public spending cuts intended as overhauls. The measures have been broadly unpopular among virtually all sectors of the electorate.In a bold effort to reassert his relevance, the French leader went on prime-time television on Thursday night for a rare 90-minute interview during which he faced questions about tax increases and public spending cuts intended as overhauls. The measures have been broadly unpopular among virtually all sectors of the electorate.
Referring to his promise to reduce unemployment, which has crept inexorably above 10 percent as growth has faltered, Mr. Hollande said, “I talked about reversing the trend in unemployment; it didn’t happen.”Referring to his promise to reduce unemployment, which has crept inexorably above 10 percent as growth has faltered, Mr. Hollande said, “I talked about reversing the trend in unemployment; it didn’t happen.”
“I was criticized for this,” he continued, “because it was a high hope for many, especially those seeking work.”“I was criticized for this,” he continued, “because it was a high hope for many, especially those seeking work.”
He added: “If I don’t succeed by the end of my term, do you think I will present myself to the French people in 2017? The French would be unforgiving and rightly so.”He added: “If I don’t succeed by the end of my term, do you think I will present myself to the French people in 2017? The French would be unforgiving and rightly so.”
In the interview, Mr. Hollande also pledged not to raise individual taxes in an effort to address the nation’s persistent budget deficits.In the interview, Mr. Hollande also pledged not to raise individual taxes in an effort to address the nation’s persistent budget deficits.
“Starting next year, there will be no additional taxes on anybody whatsoever,” Mr. Hollande said. The business newspaper Les Echos reported this week that the Hollande administration planned to impose a special tax on second homes in densely populated areas next year.“Starting next year, there will be no additional taxes on anybody whatsoever,” Mr. Hollande said. The business newspaper Les Echos reported this week that the Hollande administration planned to impose a special tax on second homes in densely populated areas next year.
Troubled by critics and rebels in his Socialist Party, while facing a determined challenge from the far-right National Front, Mr. Hollande said he had been “hanging on.”Troubled by critics and rebels in his Socialist Party, while facing a determined challenge from the far-right National Front, Mr. Hollande said he had been “hanging on.”
But, he said, he would go “to the end” to make France “stronger in the two and a half years I have left.”But, he said, he would go “to the end” to make France “stronger in the two and a half years I have left.”
The latest opinion surveys suggest that nearly all French voters believe he has failed to turn around the economy, and four-fifths of them do not want him to run for a second term.The latest opinion surveys suggest that nearly all French voters believe he has failed to turn around the economy, and four-fifths of them do not want him to run for a second term.
“I have got a thick skin,” he said. “For two and a half years, I have been hanging on.”“I have got a thick skin,” he said. “For two and a half years, I have been hanging on.”
“I have made mistakes,” he added. “Who hasn’t?”“I have made mistakes,” he added. “Who hasn’t?”