Berliner Boersenzeitung - Protests rock France after Macron rams through pension reform

EUR -
AED 4.202616
AFN 72.094453
ALL 95.950395
AMD 432.17846
ANG 2.048479
AOA 1049.367706
ARS 1600.022322
AUD 1.630858
AWG 2.059827
AZN 1.945028
BAM 1.954789
BBD 2.308706
BDT 140.657283
BGN 1.956045
BHD 0.432099
BIF 3402.940745
BMD 1.144348
BND 1.466842
BOB 7.920905
BRL 6.149838
BSD 1.146307
BTN 105.807762
BWP 15.619993
BYN 3.391747
BYR 22429.228522
BZD 2.305308
CAD 1.567706
CDF 2582.794158
CHF 0.903612
CLF 0.026683
CLP 1053.590327
CNY 7.892115
CNH 7.8976
COP 4228.390203
CRC 539.323537
CUC 1.144348
CUP 30.325232
CVE 110.208506
CZK 24.450037
DJF 204.124472
DKK 7.472092
DOP 70.4239
DZD 151.598659
EGP 59.989607
ERN 17.165226
ETB 178.92658
FJD 2.541374
FKP 0.860295
GBP 0.863806
GEL 3.123775
GGP 0.860295
GHS 12.448564
GIP 0.860295
GMD 84.106574
GNF 10049.594928
GTQ 8.790494
GYD 239.81602
HKD 8.961025
HNL 30.342446
HRK 7.534276
HTG 150.297702
HUF 391.283042
IDR 19459.644439
ILS 3.592459
IMP 0.860295
INR 105.748949
IQD 1501.630247
IRR 1512513.881139
ISK 144.199443
JEP 0.860295
JMD 179.857803
JOD 0.811299
JPY 182.379955
KES 147.864781
KGS 100.072924
KHR 4596.603561
KMF 493.213819
KPW 1029.913492
KRW 1713.306969
KWD 0.351452
KYD 0.95521
KZT 561.172337
LAK 24562.301764
LBP 102647.333309
LKR 356.744012
LRD 209.762473
LSL 19.252247
LTL 3.378963
LVL 0.692205
LYD 7.314219
MAD 10.796119
MDL 19.996662
MGA 4759.560195
MKD 61.738788
MMK 2402.456928
MNT 4084.153335
MOP 9.240563
MRU 45.86229
MUR 53.487137
MVR 17.680052
MWK 1987.581143
MXN 20.464016
MYR 4.498459
MZN 73.135382
NAD 19.252331
NGN 1586.993511
NIO 42.178379
NOK 11.140546
NPR 169.292219
NZD 1.968211
OMR 0.439998
PAB 1.146207
PEN 3.952956
PGK 5.012409
PHP 68.50012
PKR 320.063733
PLN 4.270296
PYG 7395.176836
QAR 4.166864
RON 5.094415
RSD 117.434143
RUB 92.542735
RWF 1672.742533
SAR 4.294458
SBD 9.21397
SCR 16.415072
SDG 687.753669
SEK 10.779047
SGD 1.465979
SHP 0.858558
SLE 28.093563
SLL 23996.426035
SOS 653.96477
SRD 42.967959
STD 23685.701325
STN 24.487341
SVC 10.029859
SYP 126.479084
SZL 19.24605
THB 37.224569
TJS 10.986968
TMT 4.005219
TND 3.389962
TOP 2.755316
TRY 50.566698
TTD 7.774015
TWD 36.651763
TZS 2981.027425
UAH 50.548988
UGX 4309.771931
USD 1.144348
UYU 46.046396
UZS 13840.784107
VES 506.608327
VND 30087.780148
VUV 135.32294
WST 3.130039
XAF 655.620921
XAG 0.014533
XAU 0.00023
XCD 3.092659
XCG 2.065841
XDR 0.815382
XOF 655.618058
XPF 119.331742
YER 272.984009
ZAR 19.317785
ZMK 10300.512291
ZMW 22.311465
ZWL 368.479716
  • RIO

    -2.8700

    87.83

    -3.27%

  • CMSC

    -0.1500

    22.99

    -0.65%

  • BTI

    0.0400

    59.93

    +0.07%

  • CMSD

    -0.1100

    22.99

    -0.48%

  • BCE

    -0.1100

    25.57

    -0.43%

  • BP

    0.5100

    42.67

    +1.2%

  • BCC

    0.3800

    70

    +0.54%

  • GSK

    -0.8900

    53.39

    -1.67%

  • RBGPF

    0.1000

    82.5

    +0.12%

  • NGG

    0.0900

    90.9

    +0.1%

  • JRI

    -0.2300

    12.59

    -1.83%

  • AZN

    -2.6000

    189.9

    -1.37%

  • RYCEF

    -1.1300

    16.12

    -7.01%

  • RELX

    -0.0400

    34.14

    -0.12%

  • VOD

    0.1000

    14.41

    +0.69%

Protests rock France after Macron rams through pension reform
Protests rock France after Macron rams through pension reform / Photo: Alain JOCARD - AFP

Protests rock France after Macron rams through pension reform

French President Emmanuel Macron's government on Thursday rammed a controversial pension reform through parliament without a vote, sparking angry protests in Paris and other cities as well as tumult in the legislature.

Text size:

The move to use a special constitutional power enabling the government to pass legislation without a vote amounted to an admission that the government lacked a majority to hike the retirement age from 62 to 64.

The Senate had adopted the bill earlier Thursday, but reluctance by right-wing opposition MPs in the National Assembly to side with Macron meant the government faced defeat in the lower house.

"We can't take the risk of seeing 175 hours of parliamentary debate come to nothing," Prime Minister Elisabeth Borne told MPs as she announced the move amid jeers and boos from opposition MPs who also sang the national anthem.

A crowd of thousands gathered in front of the parliament in the historic Place de la Concorde in central Paris, watched over by riot police.

"I'm outraged by what's happening. I feel like I'm being cheated as a citizen," said Laure Cartelier, a 55-year-old schoolteacher who had come to express her outrage. "In a democracy, it should have happened through a vote."

At around 8:00 pm (1900 GMT), police used tear gas and water cannon to clear protesters away after a fire was lit in the centre of the square, close to an Egyptian obelisk that has stood there for close to 200 years.

Some 120 people were arrested on suspicion of seeking to cause damage, Paris police said.

Even after the rally was dispersed, some protesters created fires and caused damage to shop fronts in side streets, AFP reporters said.

Several stores were looted during protests in the southern city of Marseille while clashes between protesters and security forces also erupted in the western cities of Nantes and Rennes as well as Lyon in the southeast, AFP correspondents said.

- 'Total failure' -

Trade unions and political analysts had warned that adopting the legislation without a vote -- by invoking article 49.3 of the constitution -- risked radicalising opponents and would undercut the law's democratic legitimacy.

"It's a total failure for the government," far-right leader Marine Le Pen told reporters. "From the beginning the government fooled itself into thinking it had a majority."

According to polls two-thirds of French people oppose the pension overhaul.

"When a president has no majority in the country, no majority in the National Assembly, he must withdraw his bill," added Socialist Party chief Olivier Faure.

Some opposition parties including Le Pen's are set to call a no-confidence vote in the centrist government on Friday, but Borne's cabinet is expected to survive, thanks to backing from the right-wing Republicans party.

Unions immediately called for another day of mass strikes and protests for next Thursday, calling the government's move "a complete denial of democracy".

Antoine Bristielle, a public opinion expert at the Fondation Jean-Jaures think-tank, told AFP that enacting such an important law without a parliament vote risked further antagonising the country and deepening anti-Macron sentiment.

Opinion polls showed that roughly eight out of 10 people opposed legislating in this way, while a growing number of people were losing faith in French democracy, he said.

- Trash set on fire -

After trying and failing to push through a pension reform during his first term, Macron returned to the issue while campaigning for re-election last April.

But he lost his parliamentary majority in June after elections for the National Assembly.

Despite the day of high drama, Macron made no public comment on the matter Thursday.

"You cannot play with the future of the country," he told a closed-door cabinet meeting Thursday morning as he justified the move, according to a participant.

Trains, schools, public services and ports have been affected by strikes since January amid some of the biggest protests in decades.

A rolling strike by municipal garbage collectors in Paris has also seen around 7,000 tonnes of uncollected trash pile up in the streets, attracting rats and dismaying tourists.

Images showed that protesters in Paris and other cities took advantage of the situation to set fire to the uncollected trash.

The head of the CGT union, Philippe Martinez, warned this week that Macron risked "giving the keys" of the presidency to Le Pen at the next election in 2027, when Macron will not be allowed to seek a third term under the French constitution.

burs-adp-sjw/imm

(L.Kaufmann--BBZ)