August 25, 2014 - 12:13 AMT
France's Prime Minister presents resignation of his government

France's Prime Minister Manuel Valls presented Monday, Aug 25, the resignation of his government to the president Francois Hollande's office said in a statement, according to Reuters.

The statement said a new government will 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.