Banker Eric Lombard named French finance minister in new Bayrou government
Published by Global Banking & Finance Review®
Posted on December 23, 2024
1 min readLast updated: January 27, 2026

Published by Global Banking & Finance Review®
Posted on December 23, 2024
1 min readLast updated: January 27, 2026

Eric Lombard is named French finance minister under Bayrou's government, facing deficit challenges amid political turmoil.
PARIS (Reuters) - Eric Lombard, currently at French state bank Caisse des Depots (CDC), has been appointed finance minister in the new French government formed under Francois Bayrou, President Emmanuel Macron's chief of staff said on Monday.
The new finance minister's leadership will face close scrutiny from markets as France, reeling from months of political turmoil, faces mounting pressure to cut its swollen deficit.
Credit rating agency Moody's downgraded France earlier this month, following Bayrou's appointment as prime minister - the country's fourth PM this year.
(Reporting by Layli Foroudi, Mathieu Rosemain and Sophie Louet; Editing by Sudip Kar-Gupta)
The appointment of Eric Lombard as the new French finance minister and the challenges he faces.
Eric Lombard is the new French finance minister, previously with Caisse des Depots.
Lombard faces the challenge of reducing France's deficit amid political instability.
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