The storm surrounding iconic French newspaper Le Monde show no signs of subsiding following the sudden resignation of executive editor Edwy Plenel who quit the helm of the Paris-based daily after nearly ten years.

He plans to go back to his hack roots, while financial chaos, plummeting ad revenues and staff lay-offs make headline news on rivals' front-pages.

In a bid to steady nerves at the country's biggest selling national newspaper, company chairman Jean-Marie Colombani says: "I would like to tell you again that despite the current difficulties, I am convinced that we can and of course must come out of this crisis stronger."

Plenel's deputy, Alain Frachon, is expected to step in to oversee the centre-left paper's scheduled relaunch [WAMN: 11-Nov-2004].

Data sourced from; additional content by WARC