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(FILES) -- A file picture taken on March 26, 2014 shows France's president Francois Hollande (R) speaking with Elysee palace's deputy secretary-general Emmanuel Macron, in Paris. French President Francois Hollande on August 26, 2014 named Emmanuel Macron, a former Rothschild banker and close ally, new economy minister in an emergency reshuffle after a major political crisis. AFP PHOTO/ ALAIN JOCARDALAIN JOCARD/AFP/Getty Images
(FILES) -- A file picture taken on March 26, 2014 shows France's president Francois Hollande (R) speaking with Elysee palace's deputy secretary-general Emmanuel Macron, in Paris. French President Francois Hollande on August 26, 2014 named Emmanuel Macron, a former Rothschild banker and close ally, new economy minister in an emergency reshuffle after a major political crisis. AFP PHOTO/ ALAIN JOCARDALAIN JOCARD/AFP/Getty Images

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    New French Economy Minister appointed

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New French Economy Minister appointed

French PM Francois Hollande has appointed Emmanuel Macron as Economy Minister. CNN's Jim Bittermann explains.

New French Economy Minister appointed

French PM Francois Hollande has appointed Emmanuel Macron as Economy Minister. CNN's Jim Bittermann explains.