Minister of the Economy and Finance
Ministre de l'Économie et des Finances | |
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Style | Mister the Minister |
Member of | Council of Ministers |
Reports to | President of the Republic and to Parliament |
Residence | Bercy |
Seat | Paris, France |
Appointer | President of the Republic |
Term length | No fixed term Remains in office while commanding the confidence of the National Assembly and the President of the Republic |
Constituting instrument | Constitution of 4 October 1958 |
Precursor | The title of "Minister of Finance" has existed since 1518 in the Ancien Régime |
Formation | 23 July 1958 |
First holder | Antoine Pinay |
Salary | €9,940 per month |
Website | www |
Coordinates: 48°50′21″N 2°22′33″E / 48.83917°N 2.37583°E The Ministry of the Economy and Finance (French: Ministère de l'Économie et des Finances, pronounced [ministɛʁ dᵊ lekɔnɔmi e defiˈnɑ̃s]), informally referred to as Bercy, is one of the most important ministries in the Government of France. Its minister is one of the most prominent cabinet members after the Prime Minister. The name of the ministry has changed over time; it has included the terms "economy", "industry", "finance" and "employment" through history.
The Minister of the Economy and Finance oversees:
The officeholder, who has authority on the financial assets of the state, the financial and economic national system and the taxation rules overall, also represents France in the Economic and Financial Affairs Council (ECOFIN).
The Ministry of Finance is situated in Bercy, in the 12th arrondissement of Paris. The building it shares with the Ministry of Public Action and Accounts extends to the Seine, where there is an embarcadero with fast river boats for faster liaisons to other government agencies. It is also served by Paris Métro Line 6 and Line 14 at Bercy station.
The saying "the Bercy Fortress" (French: la forteresse de Bercy) refers to the Ministry as a dark department with obtuse civil servants, especially of high rank. This is emphasised by the impressive look of the building.
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