nicko31
Well-known member
Whilst I like the way the French don't take shit on many things (they wouldn't tolerate a lot of whats going on here in terms of loss of freedoms), on pensions Macron made it pretty clear of what he wanted to do before he secured a second term.
Close to 16% GDP on pension is unsustainable, does the country want a credit downgrade? UK by comparison is around 6%. Important to remember only 11 years ago for many the pension age in France was reduced not increased.
Close to 16% GDP on pension is unsustainable, does the country want a credit downgrade? UK by comparison is around 6%. Important to remember only 11 years ago for many the pension age in France was reduced not increased.
Why Macron must win his pension reform battle
The French president’s legacy hinges on raising retirement age.
www.politico.eu