Advertisement

France's Socialist President Francois Hollande will not seek reelection

France's Socialist President Francois Hollande will not seek reelection
French President Francois Hollande attends a ceremony marking the first anniversary of the Paris terror attacks in Paris on Nov. 13. (Christophe Petit Tesson / AFP/Getty Images)

France's Socialist President Francois Hollande says he will not seek reelection next year. 

Hollande's announcement Thursday on French television network TF1 came just a few days after his No. 2, Manuel Valls, said he is "ready" to compete in the left-wing Socialist primary in January.

Advertisement

Hollande said, "I have decided not to be a candidate in the presidential election" and that he remained "lucid" about his chances of getting wide backing within the party.

The deeply unpopular Hollande was expected to say in the coming weeks whether he would run again.

The French president — the most unpopular of France's modern history — repeatedly said he would seek reelection only if he was able to curb the unemployment rate, which has hovered for years at 10%.

Advertisement
Advertisement