French Prime Minister Manuel Valls resigns

The government was badly shaken Sunday by criticism over its handling of the economy by Economy Minister Arnaud Montebourg, BBC reported.
Moments after Valls's resignation, Hollande issued a statement asking Valls to set up a new cabinet "consistent with the direction he has set for the country".
Valls, a member of the Socialist Party, was appointed prime minister March 31. He served as the interior minister from 2012 to 2014.
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