Financial Times FT.com

Chirac steps down from the world stage

By Peggy Hollinger and John Thornhill in Paris

Published: March 12 2007 02:00 | Last updated: March 12 2007 02:00

President Jacques Chirac announced his departure from the French political stage on Sunday night after more than 40 years, confirming that he will not seek a third term in office at next month's presidential elections.

The 74-year-old president, whose recent time in office has been marred by suburban riots, youth protests and a European crisis sparked by France's rejection of the constitutional treaty, delivered his decision not to stand again in a simple, and direct televised address lasting barely 10 minutes.

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