The Japan Times - Fresh pension protests hit France before key court ruling

EUR -
AED 4.048988
AFN 71.653352
ALL 90.233152
AMD 397.442801
ANG 1.973656
AOA 1011.960474
ARS 1704.382464
AUD 1.628051
AWG 1.984235
AZN 1.878376
BAM 1.951036
BBD 2.220877
BDT 137.145087
BGN 1.95499
BHD 0.415753
BIF 3312.570815
BMD 1.102353
BND 1.419813
BOB 12.873388
BRL 6.246268
BSD 1.102607
BTN 103.857962
BWP 15.412153
BYN 3.303388
BYR 21606.119128
BZD 2.217684
CAD 1.573224
CDF 2551.947633
CHF 0.924565
CLF 0.027875
CLP 1097.084206
CNY 7.354624
CNH 7.358449
COP 3659.778945
CRC 494.093407
CUC 1.102353
CUP 26.463016
CVE 110.401089
CZK 24.405329
DJF 195.910612
DKK 7.476493
DOP 66.917109
DZD 151.273137
EGP 58.978161
ERN 16.535295
ETB 177.534385
FJD 2.483877
FKP 0.832628
GBP 0.834294
GEL 2.855525
GGP 0.832628
GHS 12.925133
GIP 0.832628
GMD 81.574515
GNF 9764.096088
GTQ 8.429301
GYD 230.683524
HKD 8.648676
HNL 29.708842
HRK 7.531237
HTG 144.594927
HUF 364.882711
IDR 20101.848202
ILS 3.545943
IMP 0.832628
INR 103.905536
IQD 1668.962467
IRR 2109614.310597
ISK 136.615035
JEP 0.832628
JMD 174.224538
JOD 0.781612
JPY 176.073379
KES 143.361434
KGS 96.384792
KHR 4497.600695
KMF 492.752185
KPW 992.118101
KRW 1473.366503
KWD 0.34335
KYD 0.918844
KZT 491.483094
LAK 24836.013852
LBP 98715.713034
LKR 366.73942
LRD 187.400397
LSL 18.663257
LTL 3.254962
LVL 0.666803
LYD 7.104708
MAD 10.981314
MDL 20.028816
MGA 5059.800729
MKD 61.545168
MMK 2314.830962
MNT 3972.970265
MOP 8.911016
MRU 44.759659
MUR 52.494468
MVR 16.980358
MWK 1913.685217
MXN 20.433771
MYR 4.504329
MZN 70.444469
NAD 18.663252
NGN 1481.088858
NIO 40.570694
NOK 10.552253
NPR 166.167676
NZD 1.994849
OMR 0.424561
PAB 1.102607
PEN 3.75135
PGK 4.97327
PHP 70.506912
PKR 304.914924
PLN 4.405592
PYG 6843.288459
QAR 4.01725
RON 5.348511
RSD 117.465677
RUB 91.30685
RWF 1627.073053
SAR 4.160787
SBD 8.926521
SCR 15.372648
SDG 663.069392
SEK 11.106249
SGD 1.418953
SHP 0.830054
SLE 25.409646
SLL 23115.795624
SOS 631.101139
SRD 41.327623
STD 22816.481805
STN 24.472237
SVC 9.648438
SYP 14332.794295
SZL 18.663243
THB 37.34225
TJS 10.171722
TMT 3.858236
TND 3.316433
TOP 2.654202
TRY 55.49477
TTD 7.484722
TWD 36.257938
TZS 2920.045358
UAH 50.132575
UGX 4553.879273
USD 1.102353
UYU 44.690863
UZS 13271.228337
VES 1006.315196
VND 28358.582532
VUV 132.649143
WST 3.080921
XAF 655.957
XAG 0.022553
XAU 0.000284217451
XCD 2.979165
XCG 1.987211
XDR 0.779421
XOF 655.957
XPF 119.331742
YER 260.762006
ZAR 18.713826
ZMK 9922.503926
ZMW 22.543641
ZWL 354.957222
SSP 6555.153946
MXV 2.294737
  • RYCEF

    0.1000

    19.81

    +0.5%

  • VOD

    -0.2500

    16.33

    -1.53%

  • CMSC

    -0.2800

    20.12

    -1.39%

  • RBGPF

    -2.0000

    65

    -3.08%

  • RIO

    -0.2500

    94.16

    -0.27%

  • BTI

    -1.2000

    54.85

    -2.19%

  • NGG

    -0.3000

    74.94

    -0.4%

  • GSK

    -0.3500

    49.35

    -0.71%

  • BCE

    -0.4200

    20.14

    -2.09%

  • CMSD

    -0.3400

    19.93

    -1.71%

  • BP

    -0.9100

    43.52

    -2.09%

  • RELX

    0.1700

    33.24

    +0.51%

  • BCC

    -0.6200

    75.97

    -0.82%

  • AZN

    -1.9400

    164.21

    -1.18%

  • JRI

    0.0000

    10.77

    0%

Fresh pension protests hit France before key court ruling
Fresh pension protests hit France before key court ruling / Photo: CHRISTOPHE SIMON - AFP

Fresh pension protests hit France before key court ruling

French demonstrators took to the streets Thursday for another day of protests and strikes to denounce President Emmanuel Macron's pension reform, after the latest talks between the government and unions ended in deadlock.

Text size:

Macron, currently on a visit to China, is facing the biggest challenge of his second term over his flagship pension overhaul, which includes raising the retirement age from 62 to 64 and demanding people work longer for a full payout.

All sides in the standoff are awaiting an April 14 verdict on the validity of the reform by France's Constitutional Council, which has the power to strike out some or even all of the legislation.

While council members, known as the "wise ones", will make a decision in line with a strict interpretation of the law, unions want to show the protest movement still has drive.

"We're in the middle of a social crisis, a democratic crisis," Laurent Berger, head of the centrist CFDT union, told RTL radio.

"It's a problem... that needs to be solved by the president."

Demonstrations were held across the country, with people brandishing placards or waving union flags from Nantes in the west to the southern coastal cities of Montpellier and Marseille.

"We haven't given up yet and we don't intend to," said 50-year-old public servant Davy Chretien as he marched in Marseille.

There have been signs that the two-and-a-half-month protest movement is starting to lose some momentum, and unions have been hoping for a mass turnout on the 11th day of action since January.

Many of the protests turned violent after Prime Minister Elisabeth Borne invoked on March 16 a controversial executive power to ram the bill through parliament without a vote.

On Thursday, striking railway workers stormed the former headquarters of the Credit Lyonnais bank in central Paris, a famed building that now houses companies including the BlackRock investment firm, setting off smoke flares and whistling in a 20-minute action.

- Losing steam? -

France's eight main labour unions said a meeting with Borne on Wednesday was a "failure" after she refused to discuss going back on the minimum retirement age of 64.

It was the first such gathering between the two sides since the government presented the contentious pension bill in January.

Macron is to remain for the rest of the week in China, where an aide denied the allegation of a "democratic crisis", saying the pension change was in the president's manifesto during his re-election campaign last year.

"You can't speak of a democratic crisis when the bill has been enacted, explained to the public and the government is taking responsibility for it," said the aide, asking not to be identified by name.

Police are expecting 600,000 to 800,000 people to protest nationwide on Thursday.

Unions have called for a record turnout, but numbers for strikes and protests on Tuesday last week were down compared to the week earlier.

A record number of people, more than 1.2 million, had marched against the reform on March 7.

The Paris metro system for the first time on a strike day experienced minimal disruption, and across the country only one in four high-speed trains was cancelled.

Students picketed outside schools and universities in several cities, but the education ministry said only eight percent of schoolteachers were on strike.

- 'Intermediate moment' -

Political analyst Dominique Andolfatto said Thursday's action would be an "intermediate moment" before the Constitutional Council gives its verdict on April 14.

"Not everything depends on today," he told France Info radio.

But "if there is a lower turnout, the government will think its patience has paid off."

The government has argued that working longer is necessary to prevent the pension system from plunging into deficit.

In the rest of Europe, people mostly retire in their late sixties as life expectancy has increased.

Critics say the pension reform is unfair for people in tough jobs who start working early, as well as women who interrupt their careers to raise children.

But the standoff has eroded his popularity, with a poll suggesting Wednesday that far-right leader Marine Le Pen would beat him if the presidential election of last year were repeated now.

The survey from the Elabe group for BFM television indicated Le Pen would score 55 percent and Macron 45 percent if they faced each other in a run-off vote.

burs-ah/sjw/js/lth

M.Saito--JT