TIME France

French President François Hollande Won’t Seek Re-Election

He's the most unpopular president in modern French history

(PARIS) — France’s Socialist President François Hollande says he will not seek re-election next year.

Hollande’s announcement Thursday on French television network TF1 came just a few days after his No. 2, Manuel Valls, said he is “ready” to compete in the left-wing Socialist primary in January.

Hollande said: “I have decided not to be a candidate in the presidential election” and that he remained “lucid” about his chances of getting wide backing within the party.

The deeply unpopular Hollande was expected to say in the coming weeks whether he would run again.

The French president — the most unpopular of France’s modern history — repeatedly said he would seek re-election only if he was able to curb the unemployment rate, which has hovered for years at 10 percent.

Your browser is out of date. Please update your browser at http://update.microsoft.com


YOU BROKE TIME.COM!

Dear TIME Reader,

As a regular visitor to TIME.com, we are sure you enjoy all the great journalism created by our editors and reporters. Great journalism has great value, and it costs money to make it. One of the main ways we cover our costs is through advertising.

The use of software that blocks ads limits our ability to provide you with the journalism you enjoy. Consider turning your Ad Blocker off so that we can continue to provide the world class journalism you have become accustomed to.

The TIME Team