Macron Names State Lender CDC’s Lombard Finance Minister
- French premier Bayrou will aim to quickly pass 2025 budget
- Two former prime ministers return to French government
President Emmanuel Macron appointed Eric Lombard as France’s finance minister, tapping an experienced finance professional as part of a new cabinet that also returned two former prime ministers to government.
Lombard, who currently heads the Caisse des Depots Group — a two-century old financial institution that answers to parliament — is tasked with urgently repairing the country’s finances after the collapse of the previous administration in a battle over next year’s budget.