French socialist politician, prime minister 199293. A close ally of François
Mitterrand, he was named chief of staff in 1981 after managing the successful presidential campaign. He was social affairs minister 198284 and finance minister 198486 and 198892. He resigned as premier after the socialists' defeat in the March 1993 general election, and shortly afterwards committed suicide.
Bérégovoy's working-class background contrasted sharply with that of the other Socialist Party leaders. As finance minister, he was widely respected by France's financial community. He replaced the unpopular Edith Cresson as prime minister in April 1992. He pledged to reduce unemployment and cut taxes to stimulate economic growth.
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