Edmond Alphandéry

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Edmond Alphandéry
French Minister of the Economy
In office
President François Mitterrand
Prime Minister Édouard Balladur
Preceded by Michel Sapin
Succeeded by Alain Madelin
Personal details
Born (1943-09-02) 2 September 1943 (age 75)
Avignon, France
Nationality French
Political party UDF
Alma mater Sciences Po

Edmond Alphandéry (born 2 September 1943 in Avignon, Vaucluse) is a French politician.

Education and early employment[edit]

  • Institut d'Etudes Politiques de Paris – Fulbright Fellowship (1967–1968)
  • University of Chicago – Associate of Political Economy/Doctorate in Economics
  • Professor of Economics at Panthéon-Assas University[1]

Training, employment and political career[edit]

Minister of Economy[edit]

  • 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[2]
  • 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
  • Publication of the Consumer Code.

Later positions[edit]


Political offices
Preceded by
Michel Sapin
Minister of the Economy
Succeeded by
Alain Madelin
Business positions
Preceded by
Gilles Ménage
CEO of Électricité de France
Succeeded by
François Roussely