France is getting a new cabinet—again. The FT reports that several more leftwing members of President François Hollande government have left in a rage over what they see as Hollande’s capitulation to destructive German-backed austerity policy. More:
[Prime Minister Manuel] Valls is to announce a cabinet on Tuesday, the second government revamp since the end of March. Two other prominent leftwingers, Benoît Hamon, the education minister, and Aurélie Filippetti, culture minister, signalled they would also leave.Mr Montebourg’s departure from the government was already all but assured after he called for a change of policy away from the “extreme orthodoxy of the German right”, prompting Mr Hollande to launch a reshuffle aimed at excluding dissenters and reaffirming his commitment to supply-side reforms
This second big reshuffle—the first happened in late March—and the resulting turmoil is unlikely to help Hollande’s abysmal approval ratings, especially since the French economy continues to perform poorly. But Hollande’s loss is Marine Le Pen’s gain. A poll earlier this month showed voters favoring the far-right Le Pen over Hollande as a presidential candidate. As happy as those results must have made her, the continued dysfunction of the Hollande government must be making her positively overjoyed. The more chaos haunts his reign, the more she profits—and the closer the Euro far-right comes to gaining a purchase not only in the EU, but also in national governments.