Today, APCO Worldwide’s Paris office published their latest edition of Political Snapshots, an analysis of the future challenges facing President Hollande’s government as he completes his first year in power.
Clearly the president faces an increasingly worrying economic situation at home. Faced with public anxiety over growing unemployment (which passed 5 million in March this year), the worrying state of public finances, plus the recent announcement that France has gone into recession, Hollande seems to have little room to maneuver over the coming months. With opinion polls already showing low levels of public confidence in his government, he is under pressure from Europe to launch significant reforms to achieve the targeted €60 billion savings in public spending. In addition, his majority relies on a very fragile consensus, with the rift between social democratic colleagues and the socialist left being felt at every level of the government.… Read more »