Don't miss

Replay


LATEST SHOWS

IN THE PAPERS

'The End of German Stability'

Read more

IN THE PAPERS

'Bad news for Merkel is bad news for Europe'

Read more

EYE ON AFRICA

Zimbabwean MPs set to start impeachment proceedings against Mugabe

Read more

BUSINESS DAILY

US government sues to block AT&T-Time Warner merger

Read more

MEDIAWATCH

Manson: Murder, mythology and mistaken identity

Read more

THE INTERVIEW

Turkish adviser warns US forces may stay in Syria

Read more

THE DEBATE

Has Merkel still got it? German chancellor weakened as coalition talks collapse

Read more

ENCORE!

Music show: Paradisia, Björk & Robbie Williams

Read more

FOCUS

From ecological disaster to small miracle in Mauritania

Read more

France

Govt approves draft law to raise retirement age to 62

Text by News Wires

Latest update : 2010-07-13

The French government on Tuesday approved a draft law that would raise the retirement age from 60 to 62, a focus of President Nicolas Sarkozy's pension reform agenda that has come under fire from unions and sparked protests across the nation.

AFP - The French government on Tuesday approved the text of a controversial draft law to raise the retirement age from 60 to 62, a centrepiece of President Nicolas Sarkozy's reform agenda.
   
The bill presented by Labour Minister Eric Woerth was approved at a cabinet meeting and will now pass to parliament, ministers said after the meeting.
   
The lower house National Assembly is due to vote on the bill in September, and it will then require approval by the Senate. Sarkozy says he hopes for it to be passed by the end of October.
   
The reform aims to slim France's big budget deficit but labour unions complain that it puts an unfair burden on workers. They staged mass street protests last month and have vowed more action in September.
   
Talk of raising the retirement age has been taboo in France, where the right to stop working from age 60 has been enshrined since 1982, one of the main legacies of Socialist president Francois Mitterrand.

 

Date created : 2010-07-13

  • GREECE

    Unpopular pension reform approved amid strikes and protests

    Read more

  • FRANCE

    Govt and unions ready for pension reform battle

    Read more

  • EUROPE

    Pension reform across Europe

    Read more

COMMENT(S)