Emmanuel Macron presses ahead with pension reform as French discontent swells ...Egypt

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Emmanuel Macron presses ahead with pension reform as French discontent swells
source : EGYPT INDEPENDENT ( Egypt ) () 36
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. The reform’s passage through parliament will not be eas

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