Protests in France over pension reforms are grinding parts of the country to a halt, but if they carry on too long, they'll lose public support. More here:
PARIS - French Prime Minister Edouard Philippe said on Friday nationwide strikes in the public sector would not weaken his resolve to reform the pension system but promised workers would be spared a brutal transition to the new regime.
“Citizens know that the hugely diverse nature of the current 42 pension plans cannot continue,” Philippe said in a televised statement. “They also know we’re going to have to work longer.” The outcome will hinge on who blinks first - the unions who risk losing public support if the disruption goes on for too long, or the president whose two-and-a-half years in office have been rocked by waves of social unrest.Macron appears reluctant to simply raise the retirement age of 62. One alternative is to curb benefits for those who stop working before 64 and give a boost to those who leave later.
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