Most French voters reject Hollande's economic policy: Poll

Image
IANS Paris
Last Updated : Dec 08 2014 | 7:55 PM IST

A large majority of French voters opposed President Francois Hollande's economic roadmap which he claimed would kickstart a feeble economic growth and create enough jobs for millions of job-seekers, according to a survey released Monday.

An Odoxa poll for Les Echos and Radio Classique showed 86 percent of respondents rejected the president's measures to revive growth of the eurozone's second largest economy, Xinhua reported.

Hollande's spending cut pledge and proposal to trim payroll tax by 30 billion euros ($36.8 billion) were not good enough to fix the country's economic headaches, according to 71 percent of left supporters, while in the right camp, 95 percent of voters said no to the government's policy.

The unpopularity of the economic policy is due to the lack of good results, as unemployment rate continues to rise and growth remains weak, according to Odoxa director Gael Slimane.

With a deficit cut plan and a reform pact, Hollande wanted to defend his economic credentials and stood firm to defy grim outlooks that set France a weak performer in the single-currency bloc.

"I will fully and concretely fulfill my mandate, without worrying about my popularity because it's not my goal," Hollande said during a recent press meeting.

"My goal is that my duty is done in the interest of France and in the values that are mine. I'll do anything to achieve that at the end of my term," he said.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

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

More From This Section

First Published: Dec 08 2014 | 7:50 PM IST

Next Story