A money in the armies. After spending seven years in Bercy, Bruno Le Maire returns to the Government on Sunday, to the armies, a sovereign portfolio where he will have to handle the French reload against the renewed geopolitical tensions.
At 56, this normal and Encharch inherited a strategic portfolio in a context marked by the emergence of geopolitical tensions from the Russian invasion of Ukraine.
Subject to the adoption of the 2026 budget draft, Bruno Le Maire will have to work with the update of the Military Programming Law (LPM) to accelerate the restoration of the country to the deterioration of security in Europe under Russian threat.
President Emmanuel Macron announced in July to strengthen the budget effort for the defense already initiated, adding expenses of 3.5 billion euros in 2026 and then 3 billion more in 2027.
With his German counterpart Boris Pistorius, this German chill is also responsible for the end of the year to find a way to try to hire the next stage of the SCAF project of the future European plane, currently blocked by the divergent interests of the industrialists of the two countries.
Longevity record in Bercy
His arrival at the armies is a surprise: the former minister he had been teaching for a year at a Swiss university, had become a strategic advisor to the Dutch technological giant Asml, and said he returned to political life.
But Bruno Maire remains in the continuity of the journey of his government truck.
For seven years, a longevity record to the head of this ministry, had piloted the “lining” Bercy and the French economy, deploying the policy of the supply of Emmanuel Macron and its tax cuts procession.
Defending the reforms disputed of pensions and unemployment insurance, it is the full employment and reindustrialization of France of priorities, the necessary conditions of sustainable growth and an attractive country.
The supporter of a less expensive state, however, opens the cords of the Stock Exchange, however, the inflation and energy of energy, before starting a change in budget orthodoxy, trying the best they can gradually get out of “whatever costs”.
Excessive deficit
After the subsequent resumption of the economy, it seeks to convince the necessary recovery of public accounts so weakened that the European Commission of France was set by the European Commission by an excessive deficit and saw its note reduced by the S&P agency.
The growth slows down, the public deficit slides (5.5% in 2023) and the debt explodes. Tens of billions of euros in savings are considered necessary.
There were “errors, of course, things that have not been perfect, but I have always done my best,” admitted Bruno Le Maire, attracting the balance of his term of seven years, which will end the defeat of the presidential field to the legislative elections early in the summer of 2024.
First hour support
Bercy had allowed him to reborn politically after his bitter failure in the primary of the right at the end of 2016. A shock in the course so far without problems of this brilliant student of the beautiful districts, normal and fly, which “grew in the runners of” ministerial, as he says.
It was in 2007, on the advice of one of his mentors, Dominique de Villepin, of whom he was a cabinet director in Matignon, that this practicing Catholic was first chosen, in Normandy.
The style of the new tenant of the Hôtel de Brienne, lover of lyrical flights and literary quotes, contrasts with the reserve of his predecessor, Sébastien Lecornu. The two men know each other well: the latter was in particular his advisor in 2008 at the Ministry of European Affairs, then during the first losses of 2016.
Bruno Le Maire, a music lover who speaks German, who says both writer and politician, is the father of four children and married to a painter.
In his entourage, we praise “a man of conviction and intuition”, “a great worker.” The aggregate of modern letters, Bruno Le Maire, who is considered both a writer and politician, has published at least six books since 2017.
Source: BFM TV
