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Hollande 'to name Valls as new PM' French President Hollande 'to name Valls as new PM'
(35 minutes later)
French President Francois Hollande is to name Interior Minister Manuel Valls as new PM, reports say French President Francois Hollande is to name Interior Minister Manuel Valls as the new prime minister, reports say.
More to follow. Mr Hollande's ruling Socialists are badly bruised after local elections which saw big gains for conservatives and the far-right National Front (FN).
Mr Valls is set to replace PM Jean-Marc Ayrault, whose office confirmed his resignation on Monday.
President Hollande, whose popularity has slumped, will address the nation at 20:00 local time (1800 GMT).
Opinion polls suggest that Mr Valls, 51, is popular - including among right-wing voters.
The second round of municipal elections on Sunday saw the Socialists lose more than 150 towns and cities of more than 9,000 inhabitants. Results are still being counted.
The FN won control of 11 towns, mainly in the south.
The main centre-right opposition, the UMP, was said to have captured a number of key cities, including Toulouse, Quimper, Limoges and Saint-Etienne.
UMP leader Jean-Francois Cope hailed what he called a "blue wave" of support for his party.
The Socialists have been hit by growing discontent over the economy after struggling to keep unemployment figures down and spur economic growth.
Prior to his resignation, Mr Ayrault acknowledged that many voters had lost confidence in his administration.