Éric Woerth Explained

Éric Woerth
Office:Member of the National Assembly
for Oise's 4th constituency
Term Start:17 June 2012
Predecessor:Christian Patria
Office2:Mayor of Chantilly
Term Start2:23 June 1995
Term End2:6 July 2017
Predecessor2:Philippe Courboin
Successor2:Isabelle Wojtowiez
Office3:Minister of the Budget
Term Start3:18 May 2007
Term End3:22 March 2010
President3:Nicolas Sarkozy
Primeminister3:François Fillon
Predecessor3:Jean-François Copé
Successor3:François Baroin
Birth Date:29 January 1956
Birth Place:Creil, France
Party:Renaissance
Alma Mater:Panthéon-Assas University
Sciences Po, HEC Paris
Spouse:Florence Henry
Children:2

Éric Woerth (born 29 January 1956) is a French politician of Renaissance.

Early life and education

Woerth was born in Creil, Oise. He studied at Paris 2 Panthéon-Assas University, HEC Paris and Sciences Po.

Political career

Career in local politics

Municipal Council

Mayor of Chantilly : 1995-2004 (Resignation) / And since 2005. Reelected in 2001, 2005, 2008.

Deputy-mayor of Chantilly : 2004–2005.

Municipal councillor of Chantilly : Since 1995. Reelected in 2001, 2008.

Community of communes Council

President of the Communauté de communes of the aire cantilenne : Since 1995. Reelected in 2001, 2008.

Member of the Communauté de communes of the aire cantilienne : Since 1995. Reelected in 2001, 2008.

Vice-president of the Regional Council of Picardy : 1992–1998.

Regional councillor of Picardy : 1986-2002 (Resignation). Reelected in 1992, 1998.

Member of the National Assembly, 2002–2004

Woerth was elected Deputy for Oise in 2002. In parliament, he served on the Finance Committee from 2002 until 2004.[1]

In addition to his parliamentary work, Woerth was the treasurer of the UMP until he resigned in July 2010.[2]

Career in government

Woerth was state secretary for state reform in the government[3] of Prime Minister Jean-Pierre Raffarin from 2004 to 2005.

Woerth founded the "club de la boussole", a group of UMP députés, and is a member of the Réformateurs, a liberal trend within the UMP.

Woerth was the Minister for the Budget, Public Accounts and the Civil Service from 2007 until 2010, in the government of Prime Minister François Fillon.[4] In this capacity, he oversaw French authorities obtaining Swiss bank account data amid a push to catch tax cheats.[5]

Woerth later served as Minister of Labor, Solidarity and Civil Service from March until November 2010.[6]

Member of the National Assembly, 2010–present

In parliament, Woerth served on the Committee on Foreign Affairs from 2010 until 2012 before moving to the Finance Committee in 2012.[7] In addition to his committee assignments, he has been a member of the Franco-German Parliamentary Assembly since 2019.[8]

In the Republicans' 2016 presidential primaries, Woerth endorsed François Fillon as the party's candidate for the office of President of France.[9] In the Republicans' 2017 leadership election, he endorsed Laurent Wauquiez.[10]

In July 2019, Woerth was one of the few LR members who abstained from a vote on the French ratification of the European Union's Comprehensive Economic and Trade Agreement (CETA) with Canada.[11]

Together with Benjamin Dirx, Woerth published a non-legally binding report in 2019 which garnered international attention for its recommendations on preventing short-sellers and activists from unfairly destabilising French corporates. These included widening the disclosures of short positions to derivatives instruments, pushing for more transparency around the borrowing and lending of stock, and investigating whether market functions are jeopardised once short selling reaches a certain volume of shares.[12] [13]

Ahead of the 2022 presidential elections, Woerth publicly declared his support for incumbent Emmanuel Macron and criticized the Republicans’ candidate Valérie Pécresse.[14] [15]

Following the 2022 legislative election, Woerth stood as a candidate for the National Assembly's presidency;[16] in an internal vote, he lost against Yaël Braun-Pivet.[17]

Legal difficulties

On 5 July 2010, following its investigations on the Liliane Bettencourt and Éric Woerth political controversy, the online newspaper Mediapart revealed a report where Claire Thibout, an ex-accountant working for Liliane Bettencourt, accused Nicolas Sarkozy and Woerth of receiving illegal campaign donations in 2007, in cash.[18] [19] The Canard enchaîné and Marianne weeklies later revealed that Woerth authorized the sale of the Compiegne racetrack to a group with close connections to the UMP, for a very low price and through an improper procedure.[20] He was placed under formal investigation by the Cour de Justice de la République for that sale. All charges against him were dismissed in 2015.[21]

He has been put under investigation in 2018 in the alleged Libyan financing in the 2007 French presidential election and in 2021 in the Bernard Tapie case.

External links

Notes and References

  1. http://www2.assemblee-nationale.fr/deputes/fiche/OMC_PA2960 Éric Woerth
  2. http://www.france-info.com/france-politique-2010-07-13-eric-woerth-va-bien-sur-quitter-son-poste-de-tresorier-de-l-ump-465443-9-10.html Eric Woerth va, "bien sûr", quitter son poste de trésorier de l’UMP
  3. News: Commission impossible. Henley. Jon. 2004-05-13. The Guardian. 2017-02-07. en-GB. 0261-3077.
  4. http://www.elysee.fr/elysee/elysee.fr/francais/interventions/2007/mai/composition_du_gouvernement.77059.html Communiqué de la Présidence de la République concernant la composition du gouvernement de M. François FILLON, Premier ministre.
  5. David Jolly (30 August 2009), France Pursues Tax Cheats Using Swiss Banks International Herald Tribune.
  6. http://www.foxbusiness.com/story/markets/frances-woerth-named-labor-minister-budget-minister/
  7. http://www2.assemblee-nationale.fr/deputes/fiche/OMC_PA2960 Éric Woerth
  8. http://www2.assemblee-nationale.fr/deputes/fiche/OMC_PA2960 Éric Woerth
  9. https://www.lopinion.fr/video/actu/eric-woerth-francois-fillon-sera-tres-grand-president-republique-115224 Éric Woerth : "François Fillon sera un très grand président de la République"
  10. Ludovic Vigogne (11 October 2017), La liste des 136 parrains de Laurent Wauquiez L'Opinion.
  11. Maxime Vaudano (24 July 2019), CETA : qui a voté quoi parmi les députés Le Monde.
  12. David Keohane and Harriet Agnew (2 October 2019), France seeks crackdown on short sellers and activist investors Financial Times.
  13. Laurence Boisseau (3 December 2019), L'activiste Muddy Waters défend les vertus de la vente à découvert Les Échos.
  14. Patrick Caffin (9 February 2022), Soutien d’Eric Woerth à Emmanuel Macron : la droite au bord de l’implosion dans l’Oise Le Parisien.
  15. Michel Rose and Sophie Louet (11 February 2022), French conservative contender woos Sarkozy to save campaign Reuters.
  16. Loris Boichot (21 June 2022), Braun-Pivet, Pompili, Lescure... Six Marcheurs candidats pour remplacer Richard Ferrand à la tête de l’Assemblée Libération.
  17. https://www.lemonde.fr/politique/article/2022/06/23/yael-braun-pivet-elue-candidate-de-la-majorite-pour-presider-l-assemblee-nationale_6131639_823448.html Yaël Braun-Pivet élue candidate de la majorité pour présider l’Assemblée nationale
  18. http://www.mediapart.fr/ L'ex-comptable des Bettencourt accuse: des enveloppes d'argent à Woerth et à Sarkozy
  19. http://www.ft.com/cms/s/0/e72598de-88d5-11df-8925-00144feab49a.html Financial Times
  20. http://www.lejdd.fr/Politique/Actualite/Compiegne-Woerth-reste-en-selle-207418/ " Compiègne : Woerth reste en selle "
  21. [:fr:Affaire Woerth-Bettencourt#Décision de renvois en correctionnelle et relaxe]