His stay was short-lived. Joined the European Court of Auditors on January 1, 2026 for a six-year mandate, Pierre Moscovici69, announced his resignation this Thursday, October 22. He was in charge of economic and monetary affairs. In an interview given to Pointthe former president of the Court of Auditors French woman mentions personal reasons in particular. He explains that he is no longer able to reconcile his family life, to which he is “attached above all”with his profession to Luxembourg : “Under these conditions, I considered it more reasonable not to pursue this mandate. » He also mentions political reasons, wishing to regain freedom of speech as the the 2027 presidential election. “I think that with the experience that I have, my place is also to contribute to the public debate here in France,” he believes.
Pierre Moscovici says he’s leaving “regretfully” his position, believing that “the institution is important and its work is of high quality. »
The debt alert
In his interview with the weekly, the former socialist minister talks about several subjects, notably on high school violence, the controversy surrounding Jordan Bardella or the future of the European Union. But he mainly warns about France’s debt, a subject at the heart of his concerns as former president of the Court of Auditors, considering the next presidential election as a decisive deadline to straighten out the public accounts.
“An over-indebted State is an impotent, paralyzed, strangled State”
He warns of the approach of a financial crisis in France and estimates that the debt burden will exceed 100 billion euros in 2027, posing “problems of liquidity, sustainability and above all sovereignty”. “An over-indebted State is an impotent, paralyzed, strangled State”he insists. Pierre Moscovici specifies, however, that he remains a member of the European Court of Auditors until his successor has been appointed, and therefore remains for the moment “subject to a duty of impartiality”, even if he considers himself above all “European social democrat”.
His work dedicated to “great French challenges” will appear in January and will present his ideas on “debt, the State, institutions and the European choice”.
