Index Investing News
Thursday, April 23, 2026
No Result
View All Result
  • Login
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
No Result
View All Result
Index Investing News
No Result
View All Result

French pensions strikes slow before March showdown

by Index Investing News
February 16, 2023
in World
Reading Time: 3 mins read
A A
0
Home World
Share on FacebookShare on Twitter
PARIS: Turnout was sharply down on Thursday for new strikes in France against a bitterly opposed pension reform being debated in parliament, with union heads hoping for a bigger showdown to come.
The fifth day of action against President Emmanuel Macron‘s reform — whose headline measure is raising the legal retirement age from 62 to 64 — aims to keep up the pressure ahead of a wider mass walkout, planned for March 7.
But unlike previous strike days, most main line trains and the Paris metro were running normally, as fewer workers participated during school holidays across most of France.
That was reflected in education ministry figures showing fewer than eight percent of teachers on strike, half last week’s level.
Employees at state-controlled energy giant EDF said they had lowered output by more than 3,000 megawatts, or the equivalent of three nuclear power plants, without affecting supply to end users.
On Wednesday, many hydroelectric plants had been disconnected from the grid.
On Thursday, 30 percent of flights from Paris’ Orly airport were cancelled.
Demonstrators turned out across France carrying signs including “retirement before arthritis” or “why not 69 years, if you’re going to screw us?”
Police said they were expecting up to 650,000 people to participate nationwide, after counting almost one million protesters on Saturday — although the unions said the weekend figure was more like 2.5 million.
Thursday’s actions were meant to “keep up the mobilisation” against the reform but “for today, the numbers aren’t so important”, said Philippe Martinez, head of the hard-left CGT union, at a demonstration in Albi near Toulouse.
“After the school holidays, we’ll need to turn up the volume.”
Polling shows around 70 percent of the public reject Macron’s pension reform plans. A petition opposing the reforms has gathered over one million signatures.
Left-wing opponents have submitted thousands of amendments to the bill to delay debate in parliament.
It is unclear whether the lower house will discuss its Article 7, which lays out the change to the retirement age, before running out of time on Friday.
The unions have written directly to lawmakers asking them to throw out the whole bill and especially Article 7.
Members of parliament have already rejected one article designed to press companies to employ more older workers.
There is “a possible majority in the chamber to vote against” the retirement age provision, Socialist member of parliament Philippe Brun said.
Aurore Berge, the parliamentary leader of Macron’s centre-right Renaissance party, said the left was “afraid of having a vote”, adding she was sure the government would get the support it needed.
Macron himself also sought to project confidence on Wednesday, telling a cabinet meeting that opposition parties had “totally lost their way” over the pensions fight.
But the biggest day of action may still be to come, with unions promising to “bring France to a halt” on March 7.
“We’re going to block everything on March 7. Everything everywhere must stop,” Jean-Luc Melenchon, former presidential candidate for the hard-left France Unbowed (LFI) party, said at a march in the southern city of Montpellier.
Unions are debating whether to shift to rolling strikes after that date, with Paris metro workers and rubbish collectors already deciding in favour.





Source link

Tags: FrenchMarchPensionsshowdownSlowstrikes
ShareTweetShareShare
Previous Post

The Quantum Revolution is Almost Upon Us

Next Post

Barrick Gold: It Could Have Been Worse (NYSE:GOLD)

Related Posts

The Costly Illusion of the Golden Dome – The Cipher Brief

The Costly Illusion of the Golden Dome – The Cipher Brief

by Index Investing News
April 21, 2026
0

OPINION — “The Golden Dome for America strategy remains centered on affordable and scalable capabilities. In the short-term, we will...

The Grocery Bill Is Calm – The AgriFood System Is Not — Global Issues

The Grocery Bill Is Calm – The AgriFood System Is Not — Global Issues

by Index Investing News
April 17, 2026
0

If you are reading commodity price movements as evidence that the closure of the Strait of Hormuz has been absorbed...

New U.S. autonomous Squire Seaglider conducts test flight

New U.S. autonomous Squire Seaglider conducts test flight

by Index Investing News
April 13, 2026
0

Key PointsREGENT confirms successful ground-effect flight of its autonomous Squire defense Seaglider in the United States on April 13, 2026.Squire...

Can global supply chains recover from the Iran war? | US-Israel war on Iran

Can global supply chains recover from the Iran war? | US-Israel war on Iran

by Index Investing News
April 9, 2026
0

Conflict upends flow of critical raw materials for manufacturing, aviation and technology.The United States and Iran may have agreed to...

Artemis II crew will see total solar eclipse during moon flyby

Artemis II crew will see total solar eclipse during moon flyby

by Index Investing News
April 5, 2026
0

The crew is expected to lose contact with Earth for about 40 minutes Monday while they're behind the far side...

Next Post
Barrick Gold: It Could Have Been Worse (NYSE:GOLD)

Barrick Gold: It Could Have Been Worse (NYSE:GOLD)

Just Listed | 5295 10th Fairway Drive #3

Just Listed | 5295 10th Fairway Drive #3

RECOMMENDED

‘Persian Lessons’ Review: An Improbable Holocaust Drama

‘Persian Lessons’ Review: An Improbable Holocaust Drama

June 10, 2023
“No person Is aware of Something,” Wall Avenue Strategist Version

“No person Is aware of Something,” Wall Avenue Strategist Version

January 2, 2025
AAPL, AMZN, INTC and extra

AAPL, AMZN, INTC and extra

August 1, 2024
Weber majority holder offers to buy company at 55% discount to IPO price (NYSE:WEBR)

Weber majority holder offers to buy company at 55% discount to IPO price (NYSE:WEBR)

October 30, 2022
First Interstate Properties Sells Cleveland Industrial Campus

First Interstate Properties Sells Cleveland Industrial Campus

February 9, 2024
Prime 5 Markets for Workplace Deliveries

Prime 5 Markets for Workplace Deliveries

September 22, 2024
The Mandalorian & Grogu may launch new Star Wars trilogy

The Mandalorian & Grogu may launch new Star Wars trilogy

October 1, 2024
Meta Reveals Pick for 0M Project Site

Meta Reveals Pick for $800M Project Site

January 26, 2024
Index Investing News

Get the latest news and follow the coverage of Investing, World News, Stocks, Market Analysis, Business & Financial News, and more from the top trusted sources.

  • 1717575246.7
  • Browse the latest news about investing and more
  • Contact us
  • Cookie Privacy Policy
  • Disclaimer
  • DMCA
  • Privacy Policy
  • Terms and Conditions
  • xtw18387b488

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In