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
President of France quite powerful. Although it is the Prime Minister of France, the Government as well as the Parliament that oversee much of the nation's actual day-to-day affairs, especially in domestic issues, the French President wields significant influence and authority, especially in the fields of national security and foreign policy. The President's greatest power is his/her ability to choose the Prime Minister. However, since the French National Assembly has the sole power to dismiss the Prime Minister's government, the President is forced to name a Prime Minister who can command the support of a majority in the assembly. He or she has