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France: Hollande names new French cabinet

French President Francois Hollande has named a new cabinet under PM Manual Valls, dropping ministers who rebelled against austerity cuts.

The first government of Mr Valls, who was appointed less than five months ago, fell on Monday after a row with Economy Minister Arnaud Montebourg.

Mr Montebourg resigned along with two other ministers from the left.

He will be replaced by Emmanuel Macron, a former Rothschild banker and ex-presidential economic adviser.

Lucy Williamson reports.

  • 27 Aug 2014
  • From the section Europe
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