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France's New PM Announces Pension Reform Renegotiation, Aims for Stability and Deficit Reduction

France's New PM Announces Pension Reform Renegotiation

France's new Prime Minister François Bayrou announced the renegotiation of a contested plan to raise the retirement age from 62 to 64. This move aims to achieve stability for his minority government.

Bayrou vowed to seek a new path of reform, including the retirement age, as long as financing is guaranteed. He also stressed the need for France and the EU to remain strong in the face of recent comments from Donald Trump.

Bayrou also outlined other top priorities, including passing a budget bill for 2025 and reducing France's deficit. He proposed major spending cuts and a "conclave" with unions and employers to negotiate pension changes.

The Socialists are open to talks, while the far-right remains opposed. The possibility of another no-confidence vote looms, but its success is uncertain.

Far-right leader Marine Le Pen, a powerful force in parliament, faces her own challenges with a court ruling over alleged illegal party financing.

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5 Comments

Avatar of Leonardo

Leonardo

Raising the retirement age is robbing people of their golden years. Shame on Bayrou!

Avatar of Donatello

Donatello

Raising the retirement age is necessary to ensure the sustainability of our pension system.

Avatar of Raphael

Raphael

Cutting spending? That just hurts the most vulnerable. This is outrageous!

Avatar of Michelangelo

Michelangelo

France is a strong and resilient country. We will overcome this challenge.

Avatar of Leonardo

Leonardo

The Socialists are being pragmatic. They understand the need for compromise.

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