Hollande dissolves government.
PARIS (TAP) - France 's President Francois Hollande announced a new cabinet on Tuesday. Hollande named Emmanuel Macron, a former presidential adviser, as Economy and Industry Minister Arnaud Montebourg's successor. Montebourg resigned along with two other ministers from the left. "The entire world is urging us-even begging us-to end these absurd austerity policies that are plunging the eurozone into an economic slowdown-My responsibility as economy minister is to tell the truth, and observe... that not only these austerity policies are not working, but they are also unfair, as well as being ineffective," Montebourg said in a statement to the press. Foreign Minister Laurent Fabius, Defence Minister Jean-Yves Le Drian and Finance Minister Michel Sapin kept their posts.
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