Close Hollande ally Sapin named French finance minister


  • World
  • Wednesday, 02 Apr 2014

PARIS (Reuters) - Michel Sapin, a long-time political ally of President Francois Hollande who was his labour minister, was named to the powerful finance minister post on Wednesday.

Arnaud Montebourg, who as industry minister backed protectionism to secure jobs and accused the European Union of hurting growth with its demands for lower public deficits, was given the expanded title of economy minister with oversight over industry and the digital economy.

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