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system: French law National holiday: National Day, 14 July Executive branch: commissioner of the Republic Legislative branch: unicameral General Council Judicial branch: Superior Tribunal of Appeals (Tribunal Superieur d'Appel) Leaders: Chief of State--President Francois MITTERRAND (since 21 May 1981); Head of Government--Commissioner of the Republic Jean-Pierre MARQUIE (since February 1989); President of the General Council Marc PLANTEGENEST (since NA) Political parties and leaders: Socialist Party (PS); Union for French Democracy (UDF/CDS), Gerard Grignon Suffrage: universal at age 18 Elections: General Council--last held September-October 1988 (next to be held September 1994); results--percent of vote by party NA; seats--(19 total) Socialist and other left-wing parties 13, UDF and right-wing parties 6; French President--last held 8 May 1988 (next to be held May 1995); results--(second ballot) Jacques Chirac 56%, Francois Mitterrand 44%; French Senate--last held 24 September 1989 (next to be held September 1992); results--percent of vote by party NA; seats--(1 total) PS 1; French National Assembly--last held 5 and 12 June 1988 (next to be held June 1993); results--percent of vote by party NA; seats--(1 total) UDF/CDS 1 Diplomatic representation: as a territorial collectivity of France, local interests are represented in the US by France Flag: the flag of France is used - Economy Overview: The inhabitants have traditionally earned their livelihood by fishing and by servicing fishing fleets operating off the coast of Newfoundland. The economy has been declining, however, because the number of ships stopping at St. Pierre has steadily dropped over the years. In March 1989, an agreement between France and Canada set fish quotas for St. Pierre's trawlers fishing in Canadian and Canadian-claimed waters for three years. The agreement settles a longstanding dispute that had virtually brought fish exports to a halt. The islands are heavily subsidized by France. Imports come primarily from Canada. GDP: $NA, per capita $2,495 (1984); real growth rate NA% Inflation rate (consumer prices): NA% Unemployment rate: 13.3% (1987) Budget: revenues $NA million; expenditures $13.9 million, including capital expenditures of $NA (1988) Exports: $23.3 million (f.o.b., 1986); commodities--fish and fish products, fox and mink pelts; partners--US 58%, France 17%, UK 11%, Canada, Portugal
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