International Business Weekly
  • Home
  • News
  • Politics
  • Business
  • National
  • Culture
  • Lifestyle
  • Sports
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • National
  • Culture
  • Lifestyle
  • Sports
No Result
View All Result
International Business Weekly
No Result
View All Result
Home National

Protests Across France To Test Government Resolve Over Pension Reform

February 11, 2023
in National
0
Protests Across France To Test Government Resolve Over Pension Reform
Share on FacebookShare on Twitter


A general view shows protesters during a demonstration against French government’s pension reform plan in Paris as part of the third day of national strike and protests in France, February 7, 2023. The slogan reads “Macron’s pensions reform, it’s no”.
Reuters

Hundreds of thousands of people were expected to take part in demonstrations across France on Saturday as protesters seek to keep up the pressure on the government over its plans to make people work longer before retiring.

After three days of nationwide strikes since the start of the year, unions are hoping to match a mass turnout from Jan. 19 when more than a million people marched in opposition to pushing the age to take a full state pension to 64 from 62.

“I am expecting a lot of people. We need to be extremely numerous,” Laurent Berger, head of the CFDT union, the country’s largest, said on Friday, adding that some 250 demonstrations were planned across the country.

“There is a form of contempt (from the government). There is no answer to the (social) movement and there needs to be one.”

The French spend the largest number of years in retirement among OECD countries – a benefit that opinion polls show a substantial majority are reluctant to give up.

President Emmanuel Macron says the reform is “vital” to ensuring the viability of the pension system.

In a joint statement on Saturday all the main unions called for the government to withdraw the bill. They warned that they would seek to bring France to a standstill from March 7 if their demands were not met. A strike is already scheduled for Feb. 16.

“If the government continues to remain deaf then the inter-union grouping will call for France to be shutdown,” they said ahead of Saturday’s marches.

The protests are the first on a weekend, when workers do not need to strike or take time off to march. They also come after the first week of debate on the pension legislation in parliament.

The opposition has suggested thousands of amendments to complicate the debate and ultimately try to force the government to pass the bill without a parliamentary vote and through decree, a move that could potentially sour the rest of Macron’s mandate. He was re-elected in April 2022 for five years.

Pushing back the retirement age by two years and extending the pay-in period would yield an additional 17.7 billion euros ($19.18 billion) in annual pension contributions, allowing the system to break even by 2027, according to Labour Ministry estimates.

Unions say there are other ways to do this, such as taxing the super rich or asking employers or well-off pensioners to contribute more.

EU leaders meet in Brussels
French President Emmanuel Macron gestures during a news conference at the European leaders summit in Brussels, Belgium February 10, 2023.
Reuters



Source link

Tags: FranceGovernmentPensionProtestsReformResolveTest
Brand Post

Brand Post

I am an editor for IBW, focusing on business and entrepreneurship. I love uncovering emerging trends and crafting stories that inspire and inform readers about innovative ventures and industry insights.

Related Posts

Wisconsin Man Killed After Shooting at Officers While Fleeing Border Patrol Checkpoint
National

Wisconsin Man Killed After Shooting at Officers While Fleeing Border Patrol Checkpoint

March 6, 2026
SanDisk Corporation Shares Surge in Volatile Trading Amid AI Memory Demand
National

SanDisk Corporation Shares Surge in Volatile Trading Amid AI Memory Demand

March 4, 2026
Iranian Council Slated to Select Next Supreme Leader Obliterated By Isreali Strike
National

Iranian Council Slated to Select Next Supreme Leader Obliterated By Isreali Strike

March 3, 2026
Next Post
Technology: Hacker uses new malware tool ‘Screenshotter’ to target organisations

Technology: Hacker uses new malware tool 'Screenshotter' to target organisations

K-9 Officer ‘Rambo’ Helps Catch Texas Home Invasion Suspects

K-9 Officer 'Rambo' Helps Catch Texas Home Invasion Suspects

International Day Of Women And Girls In Science: Significance, Quotes To Inspire You Today

International Day Of Women And Girls In Science: Significance, Quotes To Inspire You Today

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

ABOUT US

International Business Weekly is an American entertainment magazine. We cover business News & feature exclusive interviews with many notable figures

Copyright © 2026 - International Business Weekly

  • About
  • Advertise
  • Careers
  • Contact
No Result
View All Result
  • Home
  • Politics
  • News
  • Business
  • Culture
  • National
  • Sports
  • Lifestyle
  • Travel

Copyright © 2026 - International Business Weekly