French President Emmanuel Macron’s government will attempt to revive his economic reform drive and score a major political victory this week
with a launch of the pension system’s overhaul in the face of vehement trade union opposition. Prime Minister Elisabeth Borne is to detail on Tuesday plans to make the French work longer, most likely by raising the retirement age to 64 or 65 from 62 currently. With one of the lowest retirement ages in the industrialized world, France also spends more than most other countries on pensions at nearly 14% of economic output, according to the Organisation for Economic Cooperation and Development.
Strike threat Macron had to put the pension reform on ice in 2020 as the government rushed to contain the Covid outbreak and save the economy. Now, he can count on tougher union opposition than in 2020 with even the reform-minded CFDT – France’s biggest union – threatening to protest, which it abstained from three years ago despite misgivings about the reform at the time.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Macron presses ahead with pension reform as French discontent swellsFrench President Emmanuel Macron's government attempts to revive his economic reform drive and score a major political victory this week with a launch of the pension system's overhaul in the face of vehement trade union opposition.
Read more »
Macron to overhaul France’s struggling health care systemFrench President Emmanuel Macron announced an overhaul of France's struggling health system Friday, including new funding methods for doctors and hospitals, more hiring and other organizational changes.
Read more »
Macron Sends ‘First Western Tanks’ to Ukraine, Joined by U.S., GermanyFrench President Emmanuel Macron has agreed to become the first Western leader to supply Ukraine with tanks following talks with Zelensky.
Read more »
Did Queen Elizabeth Wear a Brooch Gifted by President Obama While Meeting President Trump?This alleged 'brooch warfare' was based on the claim that Queen Elizabeth personally didn't like Donald Trump and tacitly signaled her dislike to the public. We investigated these rumors in 2018. 👇
Read more »
10 People Shot During French Montana Video Shoot in FloridaThe shooting took place outside The Licking restaurant in Miami Gardens during a music video shoot for the New York rapper French Montana.
Read more »
Multiple People Shot Outside Miami Restaurant During French Montana Video ShootMultiple people were shot Thursday night outside of a Miami Gardens restaurant during a video shoot for rapper French Montana, police said.
Read more »