French budget plans hit Francois Hollande’s popularity

President Francois Hollande is losing popularity (photo:dpa)
President Francois Hollande is losing popularity (photo:dpa)

Francois Hollande’s popularity is in free fall after just five months since he was elected President of France. The president’s budget is aimed at economic recovery and meeting new deficit targets agreed with the European Union. But will his programme for a higher tax regime make the savings he needs or will it create a longer recession?

THE POPULARITY of France’s socialist president Francois Hollande is in free fall after only five months in the job.

This is not good news for the French president and his promised strategy of ‘recovery within justice’.

Mr Hollande, elected in May 2012, had a 59 per cent positive rating against 26 per cent ...

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