Jacques Delors - French Politics

French Politics

Born in Paris in a family originating from Corrèze, Delors first held in the 1940s-1960s a series of posts in French banking and state planning with the Banque de France. As a member of the French Confederation of Christian Workers, he participated in its secularization and the foundation of the French Democratic Confederation of Labour. In 1969, he became social affairs adviser to the Gaullist Prime Minister Jacques Chaban-Delmas, a move which was presented as part of Chaban's outreach to the centre-ground and first attracted media attention to Delors personally .

In 1974, Delors joined the French Socialist Party, with other left-wing Christians. He was one of the rare members of the party to be openly religious, thus challenging its long-standing secular tradition. He served in the European Parliament from 1979 to 1981, becoming chairman of its Committee on Economic and Monetary Affairs. Under President François Mitterrand, Delors served as Economics and Finance Minister from 1981–1983, and Economics, Finance, and Budget Minister from 1983–1984. He advocated a pause in the social policies, a clear acceptance of the market economy, and an alignment with European social democracy. Critically, he held the line on France's membership of the European Monetary System (EMS), giving priority to monetary stability over left-wing spending priorities. Mitterrand flirted with the idea of naming him Prime Minister, but never made this appointment.