President of France to. He was succeeded by Nicolas Sarkozy on 16 May 2007. Following a further change, the constitutional law on the modernisation of the institutions of the Fifth Republic, 2008, a President cannot serve more than two consecutive terms. François Mitterrand and Jacques Chirac are the only Presidents to date who have served a full two terms (14 years for the former, 12 years for the latter). In order to be admitted as an official candidate, potential candidates must receive signed nominations (informally known as "parrainages", for "sponsors") from more than 500 elected officials, mostly mayors. These officials must be from
Salaries of elected offices in France months. The President of the National Assembly receive an allowance of 14 370.70 €. Salaries of elected offices in France In France, all elected positions rerceive salaries based on the civil service index, which was established on 1 July 2010, at 45,617.63 Euros per annum. From 2007 to 2012, the salary of the President of France was established by the National Assembly to €21194,52 per month. It consisted of a basic allowance of €15101.09, a housing allowance of €635.84, and a duty allowance of €5457.59. On May 17, 2012, the new Prime Minister of France Jean-Marc Ayrault presented a decree