When President Emmanuel Macron took office in 2017, one of his main campaign promises was to reform France’s costly and complicated pension system.
”Let’s be this generation of builders, this generation that has the responsibility to rebuild France and Europe to pass them on stronger, more beautiful, more just to our children. Together, we will succeed.
President Macron has long stated his desire to raise the retirement age, but this has already met with some opposition from unions according to some polls.
In his New Year’s address reported by Reuters, he also urged the French to continue with energy savings, saying that this was one way for the country to avoid power outages as the war in Ukraine raged on.
The new retirement rules will go into effect at the end of the summer, he said during a New Year’s address to the nation, in which he urged citizens to remain united and not succumb to division.
“This year will indeed be the year of pension reform, with the goal of ensuring the equilibrium of our system in the years and decades ahead,” he said on Saturday. “We need to put in more hours.”
Overall inflation in France has remained lower than in its European neighbors including Germany this year, thanks to Macron’s quick decision to cap power costs at the end of 2021, several months before the presidential elections last April.
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