Tag

Pension Reforms

All articles tagged with #pension reforms

politics2 years ago

May Day Protests in France Turn Violent with Police Injuries and Royal Feud.

More than 100 police officers have been injured in clashes with protesters across France, as hundreds of thousands took part in May Day demonstrations against President Emmanuel Macron's pension reforms. While most of the protests were peaceful, radical groups threw petrol bombs and fireworks, prompting police to respond with tear gas and water cannon. The reforms, which raise the state pension age from 62 to 64, have been met with opposition from trade unions who want them withdrawn. The government has promised further talks, but it is not clear where a compromise could be found.

politics2 years ago

France's Constitutional Council approves pension age increase to 64 amidst protests.

France's Constitutional Council has approved the government's plan to raise the state pension age from 62 to 64, despite protests against the reforms. The council rejected calls for a referendum by political opponents but struck out some of the controversial reforms citing legal flaws. President Emmanuel Macron's government argues the changes are essential to prevent the pension system from collapsing. Protests have been ongoing for 12 days, and some demonstrators have vowed to continue protesting until the changes are withdrawn.

world-news2 years ago

French Pension Protests Persist Despite Deadlock and BlackRock Office Storming

Protesters in Paris stormed the office of investment firm BlackRock, setting off flares and demanding the withdrawal of proposed pension reforms. The demonstrators, who were part of a larger nationwide strike, accuse BlackRock of benefiting from the proposed changes. The investment firm has denied any involvement in the reforms and said it is not advising the government on the issue.

politics2 years ago

"France Prepares for More Protests as Macron Stands Firm on Pension Plans"

French unions have vowed to continue protests against French President Emmanuel Macron's pension reforms, with the 10th general strike taking place on Tuesday. While the number of protesters decreased compared to last week, around 730,000 people protested in total. The strikes hit sectors including public transport, schools, energy plants, and oil refineries, causing fuel shortages. Macron's administration has not shown signs of revising the reforms, but Prime Minister Elisabeth Borne has invited union representatives to meet next week for talks. Major trade unions are still planning a further day of strikes and protests next Thursday.

politics2 years ago

France in Turmoil: Protests and Violence Escalate Over Pension Reform

Protesters entered Biarritz Airport in southwestern France on Tuesday as part of demonstrations against the nation’s proposed pension reforms, which have sparked widespread protests and paralyzed major services across the country in recent weeks. The government has pushed a bill through parliament without a vote last week, after two failed no-confidence votes cleared the way for the pension reforms. Blocking airports has been a tactic used by anti-pension reform protesters nationwide.

politics2 years ago

France Braces for More Protests as Macron Holds Crisis Meeting.

French President Emmanuel Macron called for a crisis meeting with government ministers as unions vowed to continue mass protests against his pension reforms. The controversial law includes raising the retirement age to 64 from 62. Macron's approval ratings are at a low point, and tensions are running high ahead of the 10th day of protests. Prime Minister Elisabeth Borne has scheduled talks over three weeks with members of parliament, political parties, local authorities, and unions. Laurent Berger, the head of the moderate CFDT union, said he would accept the offer of talks but only if the reform was first "put to one side".

politics2 years ago

France in Turmoil: Protests and Strikes Over Pension Reforms Continue to Escalate

Protests in France against President Emmanuel Macron's pension reforms have escalated, with police using over 4,000 nonlethal dispersion grenades. More than a million people have taken to the streets in recent weeks, resulting in hundreds of arrests and dozens of injuries. The protests have been reinvigorated after they successfully derailed a planned state visit by King Charles III. Macron's critics are not just furious with the proposed retirement age changes, but also with the way Macron imposed it. The involvement of teenagers in the protests suggests that the frustration with the president and his governance is broadening.

politics2 years ago

King Charles' State Visit to France Delayed Due to Pension Protests

King Charles's state visit to France has been postponed due to planned protests over the French government's controversial pension reforms. The British monarch and Queen Consort were supposed to visit the country from Sunday through Wednesday, but the decision to postpone the visit was made after demonstrations turned violent in some areas, including Bordeaux, on Thursday. The Élysée Palace said in a statement that the King's state visit "will be rescheduled as soon as possible."

politics2 years ago

French Pension Protests Turn Violent, Macron Under Fire.

More than 1 million people demonstrated across France against President Emmanuel Macron's unpopular pension reforms, with violence erupting in some places. Unions called for new nationwide strikes and protests next week, coinciding with King Charles III's planned visit to France. Polls say most French oppose Macron's bill to increase the retirement age from 62 to 64, which he says is necessary to keep the system afloat. The heavy wooden door of the elegant Bordeaux City Hall was set afire and quickly destroyed Thursday evening by members of an unauthorized demonstration.

politics2 years ago

French pension protests escalate into violent clashes for third night.

Violence erupted for a third night in central Paris over the French government's decision to abandon a parliamentary vote on unpopular pension reforms. President Emmanuel Macron's overhaul will raise the standard retirement age by two years to 64. Rival opposition parties filed two separate no-confidence motions, which are due to be debated on Monday afternoon. A broad alliance of France's main unions has said it would continue to mobilize members to try to force a U-turn on the pension changes.

politics2 years ago

French Government's Pension Reform Sparks Protests and Clashes.

Protests erupted in Paris after the French government invoked article 49:3 of the constitution to force through pension reforms without a vote in parliament, raising the retirement age from 62 to 64. The move caused fury among opposition politicians, with a no-confidence motion set to be filed against President Emmanuel Macron's government. Thousands of people came out on the streets of Paris and other French cities to reject the move, with some protesters clashing with police. Unions vowed to maintain their opposition to the pension changes, with another day of strikes and demonstrations planned for Thursday 23 March.

politics2 years ago

Paris Struggles with Trash as Strikes Continue.

The French government will use its power to "requisition" striking Paris rubbish collectors, forcing them back to work under threat of prosecution, after a days-long strike against pension reforms has left many streets in the capital piled with stinking waste. Workers walked off the job in protest against President Emmanuel Macron's plans to reform the pension system, whose headline measures are raising the retirement age from 62 to 64 and increasing the number of years people must pay in to receive a full pension.

economy2 years ago

"UK Budget: Hunt's Reforms Aim to Boost Economy and Work Incentives"

UK Finance Minister Jeremy Hunt announced a mix of childcare and pension reforms to boost the country's stagnating economy, along with corporate tax breaks to boost weak business investment. Hunt extended help for households hit hard by soaring energy bills and froze a tax on vehicle fuel. He also expanded free childcare to children under two in England as a way to get more parents of young children into work. The Office for Budget Responsibility (OBR) said it was hard to judge the impact of Hunt's attempts to get more workers into the jobs market and it warned that the share of people in work or looking for it was set to hit a 23-year low next year before rising.