Outgoing French President Francois Hollande on Wednesday said he accepted the resignation of the current government led by Prime Minister Bernard Cazeneuve, according to a statement from the Elysee Palace.
"I took note of your resignation and that of your government in accordance with the republic's tradition and after the Constitutional Council announced the presidential election's official results," Xinhua quoted the presidency as saying.
Hollande called on the Socialist Government to remain committed to its current day-to-day duties until the new cabinet is established.
Cazeneuve's government resignation comes as the Constitutional Council confirmed the results of the second round of presidential elections held on May 7, making centrist candidate Emmanuel Macron France's youngest head of state in modern history.
In Sunday's runoff, Macron, obtained 66.1 per cent of the vote and beat far-right leader Marine Le Pen.
The independent former economy minister will swear in on May 14 as the new French president.
--IANS
sku/
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
