The French Republic unitary semi-presidential representative democratic republic with strong democratic traditionsConstitution of Fifth Republic was approved referendum 28 September 1958greatly strengthened authority of executive relation parliament executive branch itself has two leaders President of Republic currently Emmanuel Macron who head of state elected directly universal adult suffrage 5-year term (formerly 7 years), Government led president-appointed Prime MinisterThe National Assembly lower house of French ParliamentThe French Parliament bicameral legislature comprising National Assembly (Assemblée Nationale) SenateNational Assembly deputies represent local constituencies directly elected 5-year termsAssembly has power dismiss government thus majority Assembly determines choice of government Senators chosen electoral college 6-year terms (originally 9-year terms) one half of seats submitted election every 3 years starting September 2008The Senate's legislative powers limited event of disagreement between two chambers National Assembly has final sayGovernment has strong influence shaping agenda of ParliamentUntil World War II Radicals were strong political force France embodied Republican Radical Radical-Socialist Party which was most important party of Third Republic Since World War II they were marginalized while French politics became characterised two politically opposed groupings one left-wing centred French Section of Workers' International its successor Socialist Party (since 1969) other right-wing centred Gaullist Party whose name changed over time Rally of French People (1947) Union of Democrats Republic (1958) Rally Republic (1976) Union Popular Movement (2007) Republicans (since 2015) 2017 presidential legislative elections radical centrist party En Marche! became dominant force overtaking both Socialists RepublicansLaw; Tour Oxygène See also List of twin towns sister cities of Paris, AquitaineAuvergne-Rhône-Alpes For almost all of its long history except few brief periods Paris was governed directly representatives of king emperor or president of France city was not granted municipal autonomy National Assembly until 1974first modern elected mayor of Paris was Jacques Chirac elected 20 March 1977 becoming city's first mayor since 1793 current mayor Anne Hidalgo socialist elected 5 April 2014The mayor of Paris elected indirectly Paris voters voters of each arrondissement elect Conseil de Paris (Council of Paris) composed of 163 members Each arrondissement has number of members depending upon its population from 10 members each of least-populated arrondissements (1st through 9th) 36 members most populated (the 15th) elected council members select mayor Sometimes candidate who receives most votes citywide not selected if other candidate has won support of majority of council members Mayor Bertrand Delanoë (2001–2014) was elected only minority of city voters but majority of council membersThe Hôtel de Ville or city hall has been same site since 1357Once elected council plays largely passive role city government primarily because meets only once month current council divided between coalition of left of 91 members including socialists communists greens extreme left 71 members centre right plus few members from smaller partiesEach of Paris' 20 arrondissements has its own town hall directly elected council (conseil d'arrondissement) which turn elects arrondissement mayorcouncil of each arrondissement composed of members of Conseil de Paris also members who serve only council of arrondissement number of deputy mayors each arrondissement varies depending upon its population There total of 20 arrondissement mayors 120 deputy mayorsThe budget of city 2018 9.5 billion Euros with expected deficit of 5.5 billion Euros 7.9 billion Euros designated city administration 1.7 billion Euros investment number of city employees increased from 40,000 2001 55,000 2018 largest part of investment budget earmarked public housing (262 million Euros) real estate (142 million Euros)Métropole du Grand Paris, See also French cuisine As of 2009 World Trade Organization (WTO) reported France was world's sixth largest exporter fourth largest importer of manufactured goodsof 2016 World Factbook ranked France seventh largest exporter2008 France was third largest recipient of foreign direct investment among OECD countries $118 billion ranking behind Luxembourg (where foreign direct investment was essentially monetary transfers banks located there) United States ($316 billion) but above United Kingdom ($96.9 billion) Germany ($25 billion) or Japan ($24 billion) same year French companies invested $220 billion outside France ranking France second largest outward direct investor OECD behind United States ($311 billion) ahead of UK ($111 billion) Japan ($128 billion) Germany ($157 billion)Financial services banking insurance sector important part of economy Paris stock exchange (French La Bourse de Paris) old institution created Louis XV 17242000 stock exchanges of Paris Amsterdam Bruxelles merged into Euronext2007 Euronext merged with New York stock exchange form NYSE Euronext world's largest stock exchange Euronext Paris French branch of NYSE Euronext group Europe's 2nd largest stock exchange market behind London Stock ExchangeFrance member of Eurozone (around 330 million consumers) which part of European Single Market (more than 500 million consumers) Several domestic commercial policies determined agreements among European Union (EU) members EU legislation France introduced common European currency Euro 2002French companies have maintained key positions insurance banking industries AXA world's largest insurance company leading French banks BNP Paribas Crédit Agricole ranking world's first sixth largest banks 2010 (by assets) while Société Générale group was ranked world's eighth largest 2009Agriculture.
Place des Vosges The Élysée Palace residence of French President The Old Port or Vieux-Port main harbour marina of city guarded two massive forts (Fort Saint-Nicolas Fort Saint-Jean) one of main places eat city Dozens of cafés line waterfront Quai des Belges end of harbour site of daily fish market Much of northern quayside area was rebuilt architect Fernand Pouillon after its destruction Nazis 1943The Hôtel de Ville (City Hall) baroque building dating from 17th centuryThe Centre Bourse adjacent Rue St Ferreol district (including Rue de Rome Rue Paradis) main shopping area central MarseilleThe Porte d'Aix triumphal arch commemorating French victories Spanish ExpeditionThe Hôtel-Dieu former hospital Le Panier transformed into InterContinental hotel 2013La Vieille Charité Le Panier architecturally significant building designed Puget brothers central baroque chapel situated courtyard lined with arcaded galleries Originally built alms house now home archeological museum gallery of African Asian art well bookshops café also houses Marseille International Poetry CentreThe Cathedral of Sainte-Marie-Majeure or La Major founded 4th century enlarged 11th century completely rebuilt second half of 19th century architects Léon Vaudoyer Henri-Jacques Espérandieu present day cathedral gigantic edifice Romano-Byzantine style romanesque transept choir altar survive from older medieval cathedral spared from complete destruction only result of public protests timeThe 12th-century parish church of Saint-Laurent adjoining 17th-century chapel of Sainte-Catherine quayside near CathedralThe Abbey of Saint-Victor one of oldest places of Christian worship Europe Its 5th-century crypt catacombs occupy site of Hellenic burial ground later used Christian martyrs venerated ever since Continuing medieval tradition, every year Candlemas Black Madonna from crypt carried procession along Rue Sainte blessing from archbishop followed mass distribution of navettes green votive candlesMuseums. Gaston Defferre served Mayor of Marseille from 1953 1986Jean-Claude Gaudin has been Mayor of Marseille since 1995Population, France derives most of its electricity from nuclear power highest percentage world Photo of Cattenom Nuclear Power PlantÉlectricité de France (EDF) main electricity generation distribution company France also one of world's largest producers of electricity 2003 produced 22% of European Union's electricity,[citation needed] primarily from nuclear power France smallest emitter of carbon dioxide among G8 due its heavy investment nuclear powerof 2016 72% of electricity produced France generated 58 nuclear power plantsthis context renewable energies having difficulty taking off France also uses hydroelectric dams produce electricity such Eguzon dam Étang de Soulcem Lac de VouglansTransport.
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