French Government Resigns

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French PM

REUTERS/Regis Duvignau

French Prime Minister Manuel Valls attends the opening ceremony of the world Equestrian Games at the d'Ornano stadium in Caen, August 23, 2014.

PARIS (Reuters) - France's Prime Minister Manuel Valls presented the resignation of his government to the president on Monday, Francois Hollande's office said in a statement.

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The statement said a new government would be formed on Tuesday in line with the "direction he (the president) has defined for our country."

The move comes a day after leftist Economy Minister Arnaud Montebourg called for new economic policies and questioned what he called Germany's "obsession" with budgetary rigor.

"France is the euro zone's second-biggest economy, the world's fifth-greatest power, and it does not intend to align itself, ladies and gentlemen, with the excessive obsessions of Germany's conservatives," Montebourg said on Sunday.

Valls, a centrist within the socialist party, replaced Jean-Marc Ayrault as prime minister in March. He was appointed by French president Francois Hollande to lead a cabinet reshuffle after serving as interior secretary.

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(Reporting By John Irish; editing by Mark John)