Saudi Press

Saudi Arabia and the world
Friday, Apr 26, 2024

Schools and trains hit by French retirement age strike

Schools and trains hit by French retirement age strike

A nationwide strike is underway in France in a second wave of protests against President Emmanuel Macron's plans to raise the retirement age from 62 to 64.
Eight big unions are taking part in the strike, which is disrupting schools, public transport and oil refineries.

Protests are taking place across France, after a first day of action attracted more than a million people.

Half the country's teachers were reported to have joined the strike.

The Macron government is pushing ahead with its pension age reforms in the face of opinion polls that suggest two-thirds of voters are opposed to the changes, which begin their passage through National Assembly next week.

Without a majority in parliament, the government will have to rely on the right-wing Republicans for support as much as the ruling parties' own MPs.

Far-left leader Jean-Luc Mélenchon said France was at a crucial point and predicted an even greater number of protesters than on the first day of action on 19 January. Street protests are expected in at least 200 towns and cities and a reported 11,000 police have been deployed to cover the demonstrations.

Ahead of the main protest in Paris, big turn-outs were reported in Toulouse, Marseille and Nice in the south, and Saint Nazaire and Nantes in the west.

There was severe disruption to transport, with one in three high-speed trains running and only two driverless metro lines operating normally in Paris. Large crowds were reported on one of the main overground lines in the capital.

The CGT union said at least three-quarters of workers had walked out at the big TotalEnergies oil refineries and fuel depots. Power plants reported reduced production after workers went on strike at the main electricity company EDF.

One of the main teachers' unions said some 55% of secondary school teachers had walked out. High school pupils staged protests outside some schools and students said they would occupy Sciences Po university in Paris in support of the strikers.

"A lot of French people feel that working is more and more painful. It's not that they don't want to work, they don't want to work in these conditions," Sciences Po political scientist Bruno Palier told the BBC.

The government has indicated it may move some way on the detail of the reform but has refused to give in on the main thrust of the raising the retirement age by two years to 64.

"Any kind of reform that is going to ask people to work longer will be unpopular, but we've been elected on this reform," said Christopher Weissberg, an MP in President Macron's Renaissance party.

At 62, France's retirement age is lower than most other countries in Western Europe. Italy and Germany have moved towards raising the official retirement age to 67, while Spain's retirement age is 65 and in the UK it is 66.

In France, very few workers have personal pensions linked to capital investments, but there are now only 1.7 workers paying into the shared pension fund per person in retirement.

"We have a universal system, and the system has to pay for itself. If not, it's weakening and if it's weakening, at some point, people will lose their pension," Mr Weissberg warned.

Economist Prof Philippe Aghion said the reforms were necessary because France had a structural deficit of some €13bn ($14bn; £11bn) and raising the retirement age would also help increase the rate of employment in France.

"That will give the government credibility to make some investments that it needs to make in schooling, in the hospital system that it needs to improve, and more investment in innovation and green industrialisation," he said.
Newsletter

Related Articles

Saudi Press
0:00
0:00
Close
Reports in Gaza: 5 dead from the impact of aid packages dropped by the USA
Apple warns against drying iPhones with rice
China Criticizes US for Vetoing UN Ceasefire Resolution in Gaza
In a recent High Court hearing, the U.S. argued that Julian Assange endangered lives by releasing classified information.
The U.S. vetoed a U.N. Security Council resolution calling for a temporary ceasefire in Gaza, instead proposing its own six-week ceasefire plan contingent upon the release of all hostages held by Hamas
Prince William Urges End to Gaza Conflict
Saudi Arabia ranks first in UN index for e-government services in MENA
Israel has gone ‘beyond self-defence’ in Gaza, says Labour’s Streeting
EU Calls for Immediate Ceasefire in Gaza Conflict
Israel Records 20% Drop In GDP, War In Gaza Is The Reason
Saudi Arabia's FDI Inflows Grow with New International Standards
Venture Capitals Power Up Across MENA Region
Saudi Arabia Introduces Terms for 30-Year Income Tax Exemption for Multinational Companies
Saudi FM: Establishing Palestinian state is only pathway for Mideast stability
Russian opposition leader Alexey Navalny has died at the Arctic prison colony
Elon Musk's Starlink Gets License For Israel, Parts Of Gaza
Influencers Exploit X Platform for Profit Amidst Israel-Gaza Conflict
PM Modi Announces Opening Of New CBSE Office In Dubai
International Criminal Court's Chief "Deeply Concerned" By Rafah Bombing
January Funding for MENA Startups Totals $86.5 Million
Saudi Arabia accelerates digital economy growth through Nvidia partnership
Indian female military officers commend Saudi Arabia's progress and women's empowerment
Israel unveils tunnels underneath Gaza City headquarters of UN agency for Palestinian refugees
Israel deploys new military AI in Gaza war
Egypt threatens to suspend key peace treaty if Israel pushes into Gaza border town, officials say
Israel Utilizes AI Military Technology in Gaza Conflict
Saudi Arabia Warns Of A "Humanitarian Catastrophe" If Israel Moves On Rafah
China Warns Iran to Halt Houthi Attacks or Damage Trade Ties
US University To Shut Qatar Campus Due To "Heightened Mideast Instability"
Iran-backed hackers interrupt UAE TV streaming services with deepfake news
Facebook and Instagram Ban Iran's Supreme Leader
Finnish Airline, Finnair, is voluntarily weighing passengers to better estimate flight cargo weight
U.S. Secretary of State Blinken: The Israelis underwent dehumanization on 7.10, this does not give them the right to do this to others.
Defense Technology Showcase Held in Riyadh
Saudi Arabia’s non-oil exports rise 2.5% to $6bn in November 2023: GASTAT
UK Bans Misleading "Zero Emissions" Claims for Electric Cars
Gaza's Teen Inventor Sparks Light in Displacement
Netanyahu Rejects Ceasefire Proposal, Insists On Total Victory Over Hamas
Guterres appoints independent UNRWA review panel
Private Sector Employment Hits Record High with Over 11 Million Employees in January
Rolls-Royce Executive Encourages Saudi Women to Tap into Their Inner 'Superhero' for Success in Defense Industry
Saudi Arabia launches National Academy of Vehicles and Cars
Saudi Tourism Minister Reveals Plan for 250,000 New Hotel Rooms by 2030
SAR to more than double eastern network passenger capacity with new trains deal
Saudi Arabia Enhances National Defense with New Partnerships
Saudi Aramco Maintains Arab Light Crude Pricing to Asia for March
NEOM Establishes New York Office to Support Investors
Saudi Wealth Fund Draws in Over $25 Billion Worth of Investments in Three Years, Al-Rumayyan Reveals
ZATCA Cautions Against Scammer Schemes
INTRA Defense Technologies inaugurates drone factory in Riyadh
×