Hollande Bids to Quash Cabinet Mutiny With Minister Moves

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French President Francois Hollande and Prime Minister Manuel Valls replaced three ministers as they moved to end a cabinet revolt over spending cuts and limit the mutiny’s spread in their parliamentary group.

Hollande, who fired Arnaud Montebourg as economy and industry minister Aug. 25 after he slammed the government for its adherence to “absurd” austerity policies, named Emmanuel Macron, 36 and a former presidential adviser, as Montebourg’s successor. Michel Sapin was reappointed to finance.