Candidates in the 1974 French presidential election

Valéry René Marie Georges Giscard d'Estaing (UK: ZHIH-skar dess-TÃ(N), US: zhih-SKAR-, French: [valeʁi ʁəne maʁi ʒɔʁʒ ʒiskaʁ dɛstɛ̃] ; 2 February 1926 – 2 December 2020), also known as Giscard or VGE, was a French politician who served as President of France from 1974 to 1981.After serving as Minister of Finance under prime ministers Jacques Chaban-Delmas and Pierre Messmer, Giscard d'Estaing won the presidential election of 1974 with 50.8% of the vote against François Mitterrand of the Socialist Party. His tenure was marked by a more liberal attitude on social issues—such as divorce, contraception and abortion—and by attempts to modernise the country and the office of the presidency, notably overseeing such far-reaching infrastructure projects as the TGV and the turn towards reliance on nuclear power as France's main energy source. Giscard d'Estaing launched the Grande Arche, Musée d'Orsay, Arab World Institute and Cité des Sciences et de l'Industrie projects in the Paris region, later included in the Grands Projets of François Mitterrand. He promoted liberalisation of trade. However, his popularity suffered from the economic downturn that followed the 1973 energy crisis, marking the end of the "Trente Glorieuses" (thirty "glorious" years of prosperity after 1945). He imposed austerity budgets, and allowed unemployment to rise in order to avoid deficits. Giscard d'Estaing in the centre faced political opposition from both sides of the spectrum: from the newly unified left under Mitterrand and a rising Jacques Chirac, who resurrected Gaullism on a right-wing opposition line. In 1981, despite a high approval rating, he was defeated in a runoff against Mitterrand, with 48.2% of the vote.
As president, Giscard d'Estaing promoted cooperation among the European nations, especially in tandem with West Germany. As a former president, he was a member of the Constitutional Council. He also served as president of the Regional Council of Auvergne from 1986 to 2004. Involved with the process of European integration, he notably presided over the Convention on the Future of Europe that drafted the ill-fated Treaty establishing a Constitution for Europe. In 2003, he was elected to the Académie Française, taking the seat that his friend and former president of Senegal Léopold Sédar Senghor had held. He died at the age of 94, and is the longest-lived French president in history.

François Maurice Adrien Marie Mitterrand (26 October 1916 – 8 January 1996) was a French politician who served as President of France from 1981 to 1995, the longest holder of that position in the history of France. As a former Socialist Party First Secretary, he was the first left-wing politician to assume the presidency under the Fifth Republic.
Due to family influences, Mitterrand started his political life on the Catholic nationalist right. He served under the Vichy regime during its earlier years. Subsequently he joined the Resistance, moved to the left, and held ministerial office several times under the Fourth Republic. Mitterrand opposed Charles de Gaulle's establishment of the Fifth Republic. Although at times a politically isolated figure, he outmanoeuvered rivals to become the left's standard bearer in the 1965 and 1974 presidential elections, before being elected president in the 1981 presidential election. He was re-elected in 1988 and remained in office until 1995.
Mitterrand invited the Communist Party into his first government, which was a controversial decision at the time. In the event, the Communists were boxed in as junior partners and, rather than taking advantage, saw their support erode. They left the cabinet in 1984. Early in his first term, he followed a radical left-wing economic agenda, including nationalisation of key firms and the introduction of the 39-hour work week, but after two years, with the economy in crisis, he somewhat reversed course. He instead pushed a socially liberal agenda with reforms such as the abolition of the death penalty, and the end of a government monopoly in radio and television broadcasting. He faced major controversy in 1985 after ordering the bombing of the Rainbow Warrior, a Greenpeace vessel docked in Auckland. Mitterrand’s foreign and defense policies built on those of his Gaullist predecessors, except as regards their reluctance to support European integration, which he reversed. His partnership with German Chancellor Helmut Kohl advanced European integration via the Maastricht Treaty, and he reluctantly accepted German reunification. During his time in office, he was a strong promoter of culture and implemented a range of costly "Grands Projets". He was the first French President to appoint a female Prime Minister, Édith Cresson, in 1991. Mitterrand was twice forced by the loss of a parliamentary majority into "cohabitation governments" with conservative cabinets led, respectively, by Jacques Chirac (1986–1988), and Édouard Balladur (1993–1995). Less than eight months after leaving office, he died from the prostate cancer he had successfully concealed for most of his presidency.
Beyond making the French Left electable, Mitterrand presided over the rise of the Socialist Party to dominance of the left, and the decline of the once-mighty Communist Party. (As a share of the popular vote in the first presidential round, the Communists shrank from a peak of 21.27% in 1969 to 8.66% in 1995, at the end of Mitterrand's second term.)

Jean Royer (31 October 1920 – 25 March 2011) was a French catholic and conservative politician, former Minister, and former Mayor of Tours.