Interior minister Bernard Cazeneuve will replace Manuel Valls as prime minister of France, following the latter's resignation aimed at giving his best to the Socialist Party's presidential campaign for 2017. Valls announced Monday he would run after the incumbent and unpopular President Francois Hollande declined last week to seek a second term in office.
British Prime Minister David Cameron came under pressure to act tough on the European Union budget and France threatened to use its veto, signalling a divisive start to bargaining over the 1 trillion Euros long-term spending plan.