The election of François Mitterrand as President of France in 1981 was a significant moment in French politics and the history of Europe. It marked the first time in more than 20 years that a socialist candidate had won the presidency, and it ushered in a period of political and social change in France.

Mitterrand's election was seen as a rejection of the conservative policies of his predecessor, Valéry Giscard d'Estaing, and a call for greater social and economic justice. He campaigned on a platform of nationalization, wealth redistribution, and increased social spending, promising to create a "new era of socialism" in France.

Mitterrand's victory also had wider implications for Europe. He was a vocal critic of the free-market policies that were being promoted by British Prime Minister Margaret Thatcher and US President Ronald Reagan, and he championed the cause of a more unified and integrated Europe. He played a key role in the creation of the European Monetary System, which paved the way for the introduction of the euro currency.

During his 14 years in office, Mitterrand oversaw significant reforms in the areas of education, healthcare, and social welfare, and he made efforts to improve relations with other countries, including the United States and Germany. His presidency was marked by both successes and failures, but his legacy as a champion of social justice and a more united Europe has endured.