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French Economy Minister Barred from Decisions on Formerly Affiliated Organizations

Eric Lombard is prohibited from handling matters related to Caisse des dépôts, La Poste, and Bpifrance due to conflict of interest concerns, with the Premier ministre assuming these responsibilities.

Le ministre de l'Economie Eric Lombard, lors d'une conférence de presse le 15 mai 2025 à Paris
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Overview

  • A decree published on May 25, 2025, restricts Economy Minister Eric Lombard from overseeing decisions involving Caisse des dépôts, La Poste, and Bpifrance, citing potential conflicts of interest.
  • The restrictions extend to other entities where Lombard or his spouse have had significant roles, including the Grand théâtre des Champs Elysées, Halmahera, and the Cercle des économistes.
  • The decree was proposed by Lombard himself, in accordance with a 1959 law that allows ministers to recuse themselves from matters where conflicts of interest arise.
  • The Premier ministre will now oversee all decisions previously under Lombard’s purview regarding these organizations, including nominations and financial matters.
  • A similar decree was issued earlier in the week for Minister Laurent Saint-Martin, barring him from involvement in Business France due to prior leadership ties.