Sacré Bleu!! France’s New Economy Minister Stirs Tempête de Merde on his First Day Freaking Out the Socialists with Suggestion they Ditch the 35-Hour Work Week

France Cabinet Reshuffle

“We could allow companies and sectors … to depart from the rules on working time and pay. This is already possible for companies in difficulty.”

Francois Hollande’s economy minister caused a storm on his first day in office Friday by casting doubt on a central pillar of French Socialism: the 35-hour working week.

French President Francois Hollande, left, shakes hands with new French Economy Minister Emmanuel Macron while French Finance Minister Michel Sapin, centre, looks on, after the weekly cabinet meeting in Paris,on Wednesday. Remy de la Mauviniere / Associated Press

French President Francois Hollande, left, shakes hands with new French Economy Minister Emmanuel Macron while French Finance Minister Michel Sapin, centre, looks on, after the weekly cabinet meeting in Paris,on Wednesday. Remy de la Mauviniere / Associated Press

“Why not extend it to all companies, provided there is a broad agreement with the employees?”

— French Economy Minister Emmanuel Macron

Emmanuel Macron, a 36-year-old former Rothschild banker, told Le Point, a weekly magazine, that he supported companies and sectors of the economy that wished to “depart from” the law. Read the rest of this entry »