French President Francois Hollande will not seek re-election

French President Francois Hollande will not seek re-election

France's President Francois Hollande announced Thursday he will not seek a second term in office, CNN reports.


French voters will go to the polls in April and May 2017, but Hollande, who has low popularity ratings, says he will not stand for re-election."I am speaking to you this evening to inform you of the decision I have taken in view of the forthcoming presidential election," he said. "I have decided not to be a candidate in the presidential election."


It is the first time since 1958, when France's fifth republic was created, that an incumbent president has not sought re-election.


Hollande's Socialist Party will now have to find a candidate to run against Francois Fillon, of the center-right Republican Party, and Marine Le Pen, of the far-right Front National.


Hollande, 62, defeated Nicolas Sarkozy in 2012 to become the first Socialist president to win a French election since François Mitterrand's re-election in 1988.