Friday, March 17, 2023

#FRANCE: Macron Bypasses Parliament To Push Thru Pension Reforms

[world politics news]


French President Emmanuel Macron imposed a highly unpopular bill raising the retirement age from 62 to 64 on Thursday by shunning parliament and invoking a special constitutional power.

Lawmakers were shouting, their voices shaking with emotion as Macron made the risky move, which is expected to trigger quick motions of no-confidence in his government. Riot police vans zoomed by outside the National Assembly, their sirens wailing. And the streets of Paris and other municipalities were rocked by violent protests late Thursday.

The proposed pension changes have prompted major strikes and protests across the country since January. Macron, who made it the flagship of his second term, argued the reform is needed to keep the pension system from diving into deficit as France’s population ages and life expectancy lengthens.

[FULL STORY HERE]

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