Valéry Giscard d'Estaing(1926 — 2020)

Valéry Giscard d'Estaing

France

5 min read

PoliticsPolitique20th CenturySecond half of the 20th century, under the Fifth Republic, during the closing years of the Trente Glorieuses and then the economic crisis of the 1970s.

French statesman, President of the Republic from 1974 to 1981. A liberal reformer at the start of his term, he modernized French society before being defeated by François Mitterrand. He was also a key architect of European integration.

Frequently asked questions

Valéry Giscard d'Estaing (1926-2020) was a French statesman who served as the third president of the Fifth Republic, from 1974 to 1981. The key thing to remember is that he embodied a liberal modernization of French society at the end of the Trente Glorieuses (the postwar boom years), while also being a major architect of European integration. Defeated in 1981 by François Mitterrand, his seven-year term remains marked by decisive social reforms and by his handling of the first oil shocks.

Famous Quotes

« You do not have a monopoly on the heart.»

Key Facts

  • Minister of Finance under de Gaulle and then Pompidou during the 1960s and 1970s
  • Elected President of the Republic in 1974 against François Mitterrand
  • Lowering of the voting age to 18 (1974) and the Veil Law on abortion (1975)
  • Co-founder of the European Council (1974) and the European Monetary System (1979)
  • Defeated by François Mitterrand in the 1981 presidential election

Works & Achievements

Lowering the voting age to 18 (1974)

A major reform granting the right to vote and full citizenship to young people aged 18.

The Veil Law on abortion (1975)

Legalization of voluntary termination of pregnancy, championed by his minister Simone Veil; a decisive social reform.

Law on divorce by mutual consent (1975)

A modernization of family law, making divorce easier and reflecting changing social attitudes.

Creation of the European Council (1974)

The institutionalization of regular summits of European heads of state and government, on Giscard's initiative.

European Monetary System (EMS) (1979)

A mechanism for stabilizing European currencies, an important milestone on the road to a single currency.

Election of the European Parliament by universal suffrage (1979)

The first election of European members of parliament directly by citizens, strengthening the democratic legitimacy of Europe.

Draft European Constitution (2003)

A text drawn up under his chairmanship of the Convention on the Future of Europe, the basis for the future Treaty of Lisbon.

Le Pouvoir et la Vie (memoirs) (1988)

An autobiographical work in which Giscard shares his perspective on the exercise of presidential power.

Anecdotes

In 1974, at the age of 48, Valéry Giscard d'Estaing became the youngest president of the French Republic of his time. To give the office a more youthful image, he walked down the Champs-Élysées on the day of his inauguration, instead of the traditional motorcade.

Giscard liked to show himself as close to the French people. He invited ordinary citizens to come and have breakfast at the Élysée Palace, and even had himself filmed playing the accordion, an instrument he had played since his youth.

Under his term, the age of majority was lowered from 21 to 18 in 1974, giving the right to vote to millions of young people. It was also during his presidency that the Veil Act was passed in 1975, legalizing the voluntary termination of pregnancy.

A great builder of Europe, Giscard formed a famous political friendship with German Chancellor Helmut Schmidt. Together, in 1979, they launched the European Monetary System, a distant ancestor of the euro.

Late in his life, having become a member of the Académie française, he chaired the Convention tasked with drafting a proposed Constitution for Europe in 2002–2003. He liked to compare his role to that of the American “founding fathers.”

Primary Sources

Televised end-of-term address (19 May 1981)
Goodbye. (followed by a long silence and the image of an empty chair)
First press conference at the Élysée (1974)
I would like to look France straight in the eye, I would like to tell it my message and listen to it.
Speech on change, beginning of the seven-year term (1974)
France aspires to change and wishes that this change be carried out in peace.
Televised debate between the two rounds against François Mitterrand (10 May 1974)
You do not, Monsieur Mitterrand, have a monopoly on the heart.

Key Places

Coblenz (Koblenz), Germany

City where Valéry Giscard d'Estaing was born in 1926, while the region was under French occupation after the First World War.

Élysée Palace, Paris

Residence and workplace of the President of the Republic from 1974 to 1981.

Ministry of Finance, Paris

Giscard served here as Minister of Finance during the 1960s and early 1970s, building his reputation as an economic expert.

École Polytechnique and ENA, Paris

Giscard trained at France's most prestigious schools, a symbol of his career as a high-ranking technocrat.

Château de Rambouillet

Site of the first G6 summit organized by Giscard in 1975, bringing together the major industrial powers.

Authon (Loir-et-Cher)

Town where Valéry Giscard d'Estaing died in 2020, at his family estate.

See also