June 2021
07Jun

France Says Controversial Pension Reform Is Key to Woo Investors

President Emmanuel Macron’s government isn’t abandoning its controversial plan to reform the French pension system, hammering home the argument that it’s key to attracting foreign investors. “We’ll keep working on the pension reform,” France’s Delegate Minister for Foreign Trade Franck Riester told Bloomberg News. “It shows we are committed to keep improving the business environment in France.” Read also French Senate passes social security draft budget, revives pensions polemic Macron came to power in 2017 with a pledge to boost growth and...

June 7, 2021
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November 2020

18Nov

French Senate passes social security draft budget, revives pensions polemic

Before the modifications in the Senate, the bill passed the National Assembly with 190 votes in favour, 106 votes against and 50 abstentions. As France deals with the ravages of the Covid-19 pandemic, senators voted to increase health provisions overall. Retirement age, again The Senate is dominated by a right-wing opposition and has re-introduced a proposal to extend the retirement age in order to balance the pension system. It recommends both pushing back the legal retirement age to 63...

November 18, 2020
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July 2020

20Jul

France delays retirement reform that caused mass strikes

France''s government is delaying a divisive overhaul of the country''s retirement system until at least the end of the year because of the economic crisis unleashed by the pandemic. Prime Minister Jean Castex announced after meeting with unions Friday that the pension reform “will be maintained.” But he added that the government will extend negotiations on details of the plan over the coming months, instead of pushing to finalise it this summer. The plan would end some specific pension...

July 20, 2020
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March 2020

17Mar

France. Macron Suspended Pension Reform and Delayed Second Round of Elections

France will be quarantined by noon on Tuesday, French President Emmanuel Macron said in a statement to the nation broadcast by the Elysee Palace. All residents are ordered to stay home and will only be able to leave their homes for substantial reasons. People's movement will be very restricted, Macron said. "We are at war," the French president repeatedly said. Macron announced a number of measures that put France in a martial law to combat the virus. Here are...

March 17, 2020
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04Mar

France. Macron’s pension reform survives two confidence votes

French President Emmanuel Macron's government has defeated not just one but two no-confidence votes, allowing it to force an overhaul of the retirement system through the lower house of parliament despite months of protests. Thousands of people took to the streets of Paris and other cities the day before the vote to denounce the pension changes, which they fear will oblige people to work longer for less money. Currently the eligibility age for a full pension is 62. As...

March 4, 2020
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02Mar

Macron Bypasses Lawmakers to Pass France Pension Overhaul

French President Emmanuel Macron moved Saturday to pass his pension overhaul without a vote in the legislature, seeking to brush aside tens of thousands of amendments filed by opposition lawmakers to slow debate. “It is clear that a discussion on the merits was never truly able to take place” in the legislature, Prime Minister Édouard Philippe said, invoking an article of the French constitution allowing the executive branch to bypass the legislature. “I deeply regret it.” The move...

March 2, 2020
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February 2020

27Feb

France shows slow progress of pension reform in parliament, raising concerns of Macron imposing it by decree

Discussions in France's National Assembly on the pension reform bill are continuing this Wednesday amid tensions delaying the progress of debates, marked by the opposition's rejection of the bill. Since February 17, the government initiative to establish a universal points-based system is on the daily agenda of the National Assembly. The mechanism used in the sessions by France Insoumise members and communists has been to introduce over 30,000 amendments in order to obstruct the bill, which is one of...

February 27, 2020
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18Feb

French MPs begin debating controversial pensions bill

The battle over the French government's pension reforms moved from the street to parliament on Monday, with the opposition vowing to torpedo an overhaul that sparked weeks of strikes and protests. Leftist unions are up in arms over President Emmanuel Macron's bid to fuse France's 42 different retirement schemes into a single points-based system. Also Read A low birth rate and a rapidly ageing population: Europe’s demographic crisis explained Public transport workers walked off the job for a month...

February 18, 2020
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06Feb

French strikes pass two-month mark with protest planned for Paris

French unions have called for another national day of protest against the government’s pension reform plan on Thursday - the day the plans come before the French parliament. But, two months in to the social movement, the level of disruption was expected to be low compared to what the country saw in the early days of the social movement. Transport is running almost as normal across the country - even in Paris, which was the area hardest hit by...

February 6, 2020
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03Feb

France. Pension reform: debates kick off with 22,000 amendments

71 French members of Parliament will today start examining a controverisial pension reform bill in an ad-hoc commission. The opposition has submitted some 22,000 amendments. Read also French strikes pass two-month mark with protest planned for Paris The 71 members of the Assemblée Nationale on this special commission have just two weeks to examine the 70 articles of the two pension reform bills which have fueled strikes and protests across France since 5 December 2019. The bills will then be subject to debate in Parliament...

February 3, 2020
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