Thursday, February 28, 2013

France: Socialist President Hollande Popularity Drops to 30%, Worst in 32 Years

According to The Buenos Aires Herald, and only ten months into his first term of office, President François Hollande scored the worst of any French president since 1981, in the TNS Sofres poll for Le Figaro released today, as he grapples to promote economic growth and create jobs.

Unfortunately, the Socialist voters who propelled Hollande to the presidency in May 2012 are now beginning to question his ability to produce results, as France slumps towards recession. 

Hollande's rating fell by 5% in February in the monthly poll to 30% when respondents were asked whether they had confidence in their president to resolve the country's problems.

COMMENT: To make matters worse, Socialist Prime Minister Jean-Marc Ayrault's rating also fell 5 points to 28%.  

Data shows jobless claims rose to 3.17 million last month, the highest since July 1997, and Hollande admitted this week that the lack of robust growth would make it harder to fulfill his pledge to stem the rise in unemployment by the end of 2013.  

The survey was conducted between February 21 and February 25.