President Hollande, left, and Emmanuel Macron. The 38-year-old Minister is expected to have an unscheduled meeting with France's President Francois Hollande on Tuesday afternoon to announce his resignation, according to reports in the French media. The former Rothschild banker is expected to announce his candidacy for the French presidency soon after as he aims to replace his boss at the Elysée palace in next spring's presidential election. The resignation may not come as a surprise to many in French politics with the minister having raised suspicions in recent weeks that he would rather become head of state himself rather than help Hollande regain his job. Macron has repeatedly denied that he has been making moves on the presidency, most recently after reports in the French press said he was raising funds for a presidential election war chest.

Source: The Local August 30, 2016 11:03 UTC