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France's Hollande orders coherence, solidarity to build strong economy

English.news.cn   2014-08-27 21:33:53

PARIS, Aug. 27 (Xinhua) -- French President Francois Hollande on Wednesday called on his refreshed executive team to show more coherence and effectiveness to ensure the country's recovery and build a strong economy.

Chairing the first meeting with the new cabinet, Hollande stressed the need to back a course aimed at kick-starting a wane growth thanks to the implementation of the "responsibility pact," urging "solidarity, efficiency, debate and respect of decisions once taken."

A day before, the French president unveiled a new list of ministers after the Leftist ex-Economy Minister Arnaud Montebourg criticised Hollande's austerity policy to rein in public deficit, forcing a government reshuffle, the second in five months.

As public frustration was fuelled by grim economic data, Hollande asked his cabinet "to respond immediately to the French 's expectations in employment, housing and improvement of public services," and "to prepare for the future beyond the five-year term."

"This requires a support for the economy, innovation, industry, new technologies, major investment in infrastructure, energy transition, the culture that is a great asset and the youth that must be at the heart of everything we do," Stephane Le Foll, the government's spokesman quoted Hollande as saying.

With France lagging other European peers in accelerating growth, Hollande, the country's most unpopular top official, was working hard to breathe life into an economy expected to rise by 0.5 percent this year from an initial estimate of 1 percent.

In order to get the eurozone's main economy back on feet, he named Emmanuel Macron, his former top economic adviser to take the responsibility to promote the local economy and improve competitiveness.

Nomination of Macron, 36, is likely to be a good music to the ears of investors and European partners as it showed Hollande's determination to press through a pro-business policy to emerge from stagnation and help reduce the public gap.

Promising to regain confidence of French people and investors, the former banker said: "We will fight, but we will not fight against those in our own camp, we won't fight against part of the French people, we will fight with all the energy we have" in line with the new government's watchwords which are "coherence, solidarity and clarity."

Editor: Shen Qing
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