The French government survived two no-confidence votes Monday in the lower chamber of parliament, prompted by a push by President Emmanuel Macron last week to raise the retirement age from 62 to 64 without giving lawmakers a vote. With the failure of both votes Monday, the pension bill is considered adopted. The first motion, by the centrists, garnered 278 votes, falling nine votes short of the 287 needed to pass. The far-right initiative won just 94 votes. Strikes will continue, which will be a significant challenge to Macron's authority, with unions and opposition parties saying they would step up protests to try and force a U-turn. For more info, please go to Subscribe to Global News Channel HERE: Like Global News on Facebook HERE: Follow Global News on Twitter HERE: Follow Global News on Instagram HERE: #GlobalNews...(read more)
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France has recently adopted a controversial new pension bill, which has been met by protests and strikes throughout the country. The bill, which seeks to combine France's 42 separate pension schemes into a single, universal points-based system, is seen by many as a major overhaul of the country's social safety net. The Macron government narrowly survived two votes of no-confidence in the National Assembly, which were called by opposition parties in response to the proposed pension reforms. Despite the opposition and protests, the government remained committed to passing the pension bill, arguing that it was necessary to modernize the system and ensure its long-term sustainability. The bill has been a major point of contention in France in recent weeks, with workers across different sectors going on strike and protesting against the proposed reforms. The strikes have disrupted public transportation, schools, healthcare services and other sectors, causing major disruptions across the country. Critics of the bill argue that the new system will be unfair to certain groups, particularly those in the public sector who currently enjoy more generous pension benefits than those in the private sector. They also argue that the new system will be less generous overall and will not provide adequate support for those who work in physically demanding jobs or have shorter career spans. On the other hand, proponents of the bill argue that the current system is unsustainable in the long run due to an ageing population and changing demographics, and that the new system would provide a more equitable and streamlined framework for pensions. They argue that the new system would also be more transparent and less susceptible to special interests and lobbying efforts. Regardless of one's views on the proposed pension reforms, it is clear that the Macron government has faced significant opposition and criticism over the issue. The narrow margin of victory in the no-confidence votes and the ongoing protests and strikes highlight the deep divisions and tensions within French society over issues of social welfare and economic reform. As France moves forward with the pension reforms, it will be important for the government to address the concerns of the opposition and work to ensure that the new system is implemented fairly and transparently. It will also be important for the country to continue to engage in constructive dialogue and debate about the future of its social safety net and the role of the government in ensuring social and economic justice for all its citizens. https://inflationprotection.org/after-narrowly-surviving-no-confidence-votes-macron-government-passes-pension-bill-in-france/?feed_id=84127&_unique_id=642ac5f772c56 #Inflation #Retirement #GoldIRA #Wealth #Investing #francepensionbill #francepensionreform #franceprotests #frenchpensionbill #frenchpensionreform #globalnews #macrongovernment #macronpensionreform #pensionreform #RetirementPension #francepensionbill #francepensionreform #franceprotests #frenchpensionbill #frenchpensionreform #globalnews #macrongovernment #macronpensionreform #pensionreform
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