▁its ▁assets ▁to ▁another ▁state - run ▁entity , ▁which ▁was ▁to ▁liquid ate ▁them ▁over ▁ 1 0 ▁years ; ▁although ▁Cr éd it ▁Fon cier ▁was ▁not ▁state - owned , ▁the ▁government ▁had ▁to ▁rescue ▁it ▁not ▁only ▁because ▁of ▁its ▁large ▁expos ure ▁to ▁the ▁bond ▁market ▁but ▁also ▁because ▁many ▁French ▁people ▁considered ▁its ▁shares ▁to ▁be ▁among ▁the ▁most ▁steady ▁and ▁risk - free . ▁ ▁That ▁same ▁year , ▁Ar th uis ▁called ▁for ▁an ▁investigation ▁of ▁former ▁top ▁execut ives ▁at ▁the ▁state - control led ▁bank ▁Cred it ▁Ly onna is ▁for ▁conce aling ▁losses ▁at ▁one ▁of ▁its ▁key ▁units , ▁Alt us ▁Fin ance . ▁ ▁In ▁ 2 0 1 2 , ▁Ar th uis ▁author ed ▁a ▁high - profile ▁report ▁on ▁the ▁future ▁euro zone ▁for ▁Prime ▁Minister ▁François ▁F illon . ▁ ▁Member ▁of ▁the ▁European ▁Parliament , ▁ 2 0 1 4 – 2 0 1 9 ▁Ar th uis ▁was ▁a ▁Member ▁of ▁the ▁European ▁Parliament ▁( ME P ) ▁from ▁the ▁ 2 0 1 4 ▁elections ▁until ▁ 2 0 1 9 . ▁In ▁this ▁capacity , ▁he ▁served ▁as ▁the ▁chairman ▁of ▁the ▁Committee ▁on ▁Bud gets . ▁In ▁ 2 0 1 4 , ▁he ▁was ▁the ▁Parliament ’ s ▁lead ▁negoti ator ▁on ▁the ▁ 2 0 1 5 ▁budget ▁of ▁the ▁European ▁Union . ▁In ▁addition ▁to ▁his ▁committee ▁assign ments , ▁he ▁was ▁a ▁member ▁of ▁the ▁European ▁Parliament