Edmond Alphandéry (French pronunciation:[ɛdmɔ̃alfɑ̃deʁi]; born 2 September 1943) is a French politician, public-sector company executive, and public policy advocate. He was the French Minister of Economy and Finance from 1993 to 1995, executive chairman of Électricité de France from 1995 to 1998, and chairman of CNP Assurances from 1998 to 2012. In 1999 he founded the Euro 50 Group,[1] and has been its chairman since then.
Minister of Economy from 1993 to 1995 under Prime Minister Édouard Balladur.
Minister of Economy and Finance
He was Minister of Economy from 1993 to 1995 during the government of Édouard Balladur. Some of his most notable actions as Minister are:
Act of 19 July 1993: privatization program (Credit Local de France, Rhone-Poulenc, Banque Nationale de Paris, Elf-Aquitaine, Union des Assurances de Paris, Seita)
Increased state participation in the capital of Renault
Restructuring of public enterprises in financial review (Air France, Credit Lyonnais). He said that the mounting rescue Credit Lyonnais would be "painless for the taxpayers," while according to an estimate of the Court of Auditors in 1999, the loss would be 14.8 billion euros[3]
Change in the status of the Banque de France (Act of 4 August 1993)
Stimulating household consumption (premium States for the purchase of new motor vehicles)
Entering into final negotiations of the Uruguay Round
Convincing member states of the franc zone to accept a substantial devaluation of the CFA franc