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Pierre BErEgovoy[pEer´´ bArAgOvoi´] Pronunciation Key, 192593, French politician. A leader of the Socialist party after 1969, he was an adviser (198182) to FranCois Mitterrand, under whose government he held several ministries, including that of economy and finance as well as budget. In 1988, when Mitterrand returned to the presidency, BErEgovoy was given the rank of minister of state. He was considered an economic realist and a capable administrator. In 1992 he replaced Edith Cresson as premier, but resigned in 1993.
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