PARIS (Reuters) - President Francois Hollande named centrist Interior Minister Manuel Valls as his new prime minister on Monday, replacing Jean-Marc Ayrault who quit after ruling Socialists were trounced in local French elections.
Hollande vowed to pursue cuts in labour charges for business but also promised tax cuts to boost consumer spending, insisting that EU partners take his reform efforts into account in judging whether France had respected commitments to Brussels.
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