French President Hollande Fights for Survival as Socialists Face Wilderness…(Adios, Socialists!)
French President Francois Hollande is fighting for his political life as he ponders his chances of standing again for the French presidency in the face of massive unpopularity, a threat from within his Socialist party and a resurgent center-right and right-wing campaign against him.
Hollande has yet to formally announce he is standing for the French presidency in the 2017 election, but is facing a battle to unify his own Socialists amid growing anger over his party’s failure to turn round the fortunes of the French economy and implement deeply unpopular reforms to his country’s strict labor laws.
The controversial changes — which have seen unions and students stage months of strikes and protests — would give employers more scope to lay-off workers and cut costs and allow some employees to work far longer than the current — and much cherished — maximum 35-hour week. Other reforms include a cap on severance pay for workers dismissed by a company.