Berliner Boersenzeitung - Macron to speak as anger smoulders over pension reform

EUR -
AED 4.127189
AFN 72.488144
ALL 90.959033
AMD 405.219302
ANG 2.011378
AOA 1031.658001
ARS 1736.882499
AUD 1.624648
AWG 2.025667
AZN 1.909796
BAM 1.959278
BBD 2.257607
BDT 139.217123
BGN 1.96423
BHD 0.423251
BIF 3360.480113
BMD 1.12381
BND 1.434653
BOB 13.32141
BRL 6.193991
BSD 1.12089
BTN 105.204748
BWP 15.400858
BYN 3.356258
BYR 22026.673375
BZD 2.254402
CAD 1.587454
CDF 2574.648533
CHF 0.920732
CLF 0.027662
CLP 1088.713242
CNY 7.498961
CNH 7.490698
COP 3681.769693
CRC 507.701216
CUC 1.12381
CUP 26.901753
CVE 110.459109
CZK 24.330539
DJF 199.604316
DKK 7.474617
DOP 68.201063
DZD 152.917826
EGP 60.194969
ERN 16.857148
ETB 181.101852
FJD 2.530597
FKP 0.837412
GBP 0.836171
GEL 2.910871
GGP 0.837412
GHS 13.098017
GIP 0.837412
GMD 83.161866
GNF 9930.672041
GTQ 8.565204
GYD 234.982934
HKD 8.815671
HNL 30.12594
HRK 7.60708
HTG 146.920798
HUF 362.419661
IDR 20327.75381
ILS 3.543097
IMP 0.837412
INR 105.0093
IQD 1702.571947
IRR 2137807.209253
ISK 137.206007
JEP 0.837412
JMD 178.066084
JOD 0.796751
JPY 177.670942
KES 146.005725
KGS 98.277027
KHR 4574.119484
KMF 493.352211
KPW 1011.428836
KRW 1503.483414
KWD 0.349224
KYD 0.934158
KZT 502.902699
LAK 25285.72228
LBP 100377.879988
LKR 372.70158
LRD 190.558258
LSL 18.508945
LTL 3.318318
LVL 0.679781
LYD 7.202786
MAD 10.951144
MDL 20.204865
MGA 5163.906558
MKD 61.549374
MMK 2359.659667
MNT 4047.345118
MOP 9.05317
MRU 45.498765
MUR 52.729462
MVR 17.318108
MWK 1943.650158
MXN 20.746538
MYR 4.555933
MZN 71.822747
NAD 18.508923
NGN 1513.333631
NIO 41.1536
NOK 10.600393
NPR 168.324796
NZD 1.993785
OMR 0.432098
PAB 1.12099
PEN 3.857047
PGK 5.045348
PHP 70.623023
PKR 310.865325
PLN 4.382342
PYG 7006.437072
QAR 4.097473
RON 5.343153
RSD 117.624686
RUB 93.005244
RWF 1658.343713
SAR 4.225993
SBD 9.099824
SCR 15.594276
SDG 675.970589
SEK 10.987466
SGD 1.435684
SHP 0.836199
SLE 25.791802
SLL 23565.735929
SOS 640.63719
SRD 42.201279
STD 23260.595265
STN 24.543567
SVC 9.808411
SYP 14611.775525
SZL 18.427218
THB 37.513108
TJS 10.289966
TMT 3.944573
TND 3.379855
TOP 2.705864
TRY 56.45206
TTD 7.602495
TWD 36.977856
TZS 2972.47485
UAH 51.063452
UGX 4590.066103
USD 1.12381
UYU 45.200235
UZS 13445.867654
VES 1008.260017
VND 28774.589716
VUV 134.858429
WST 3.124307
XAF 655.957
XAG 0.021361
XAU 0.0002739523
XCD 3.037152
XCG 2.020186
XDR 0.794592
XOF 655.957
XPF 119.331742
YER 265.783459
ZAR 18.401386
ZMK 10115.639965
ZMW 22.782441
ZWL 361.866318
SSP 6457.203087
MXV 2.331682
  • CMSD

    -0.1200

    19.81

    -0.61%

  • JRI

    0.0000

    10.77

    0%

  • BCC

    -1.8200

    74.15

    -2.45%

  • CMSC

    -0.2228

    19.53

    -1.14%

  • BCE

    0.2000

    20.34

    +0.98%

  • RIO

    0.0100

    94.17

    +0.01%

  • AZN

    -2.7400

    161.47

    -1.7%

  • GSK

    -1.1800

    48.17

    -2.45%

  • RBGPF

    0.0000

    65

    0%

  • NGG

    0.8800

    75.82

    +1.16%

  • RYCEF

    -0.7300

    19.08

    -3.83%

  • BTI

    -0.4500

    54.4

    -0.83%

  • BP

    0.4700

    43.99

    +1.07%

  • RELX

    -0.0600

    33.18

    -0.18%

  • VOD

    -0.1800

    16.15

    -1.11%

Macron to speak as anger smoulders over pension reform

Macron to speak as anger smoulders over pension reform

French President Emmanuel Macron will give a televised interview Tuesday after his government fended off two no-confidence votes in parliament after a controversial pensions overhaul that has sparked mass protests.

Text size:

Macron's government used a constitutional measure to adopt the reform, which pushes back the retirement age to 64 from 62, without a vote in the lower-house National Assembly, sparking claims of a "denial of democracy" by angry demonstrators.

His office said he would answer questions by journalists from broadcasters TF1 and France 2 at 1:00 pm (1200 GMT), having largely remained silent on the pension changes in the weeks leading up to the stormy parliament session where it was pushed through last week.

On Monday, the government survived two no-confidence motions lodged by opposition groups, with one failing by just nine votes in the 577-seat National Assembly.

The official adoption of the reform on Tuesday appears unlikely to defuse the biggest domestic crisis since Macron's re-election last year, with daily protests in cities around the country that have on occasion turned violent.

More than 100 people were arrested in Paris alone on Monday night in tense standoffs between protesters and security forces, police said.

Similar scenes were reported in other French cities, including Dijon and Strasbourg -- where protesters smashed the windows of a department store, AFP correspondents said.

Macron is set to meet with his Prime Minister Elisabeth Borne on Tuesday, as well as the president of the Assembly, Yael Braun-Pivet of his centrist Renaissance party, and the right-wing president of the Senate, Gerard Larcher.

He will then meet with Renaissance lawmakers in the evening, his office said, as opponents said the protests would continue.

- Strikes ahead -

"Nothing will weaken the determination of the workers," the hard-line CGT union said.

A new round of strikes and protests has been called on Thursday and are expected to again bring public transport to a standstill in several areas.

There has also been a rolling strike by rubbish collectors in Paris and some other cities, leading to unsightly and unhygienic piles of trash accumulating in the French capital.

The government also said Tuesday that it would requisition workers at a fuel depot in Fos-sur-Mer near the southern city of Marseille, as petrol stations across the country start to go dry during a strike by refinery workers.

The far-right camp meanwhile is counting on appealing to the Constitutional Council.

Borne said she had already asked the Constitutional Court to check the law while the left-wing opposition has filed a court request for a referendum on the issue.

"I am determined to continue to carry out the necessary transformations in our country with my ministers and to devote all my energy to meeting the expectations of our fellow citizens," Borne said in a statement to AFP after the no-confidence votes.

The future of Borne, appointed France's second female premier by Macron after his election victory over the far right, remains in doubt after she failed to secure a parliamentary majority for the reform.

Government insiders and observers have raised fears that France is again heading for another bout of violent anti-government protests, only a few years after the "Yellow Vest" movement shook the country from 2018-2019.

- 'Problem of legitimacy' -

One of the Republicans who voted for the ousting of the government, Aurelien Pradie, said afterwards Macron should withdraw the "poisoned law".

"It is obvious today that the government has a problem of legitimacy and the president cannot remain a spectator of this situation," Aurelien Pradie, a lawmaker with the right-wing Republicans who voted for ousting the government on Monday, told BFM television.

Marine Le Pen, the far-right leader who challenged Macron in the 2022 elections, said Borne "should go or be made to resign by the president".

A survey on Sunday showed Macron's personal rating at its lowest level since the height of the "Yellow Vest" protest movement in 2019, with only 28 percent of respondents having a positive view of him.

Macron has argued that the pension changes are needed to avoid crippling deficits in the coming decades linked to France's ageing population.

Opponents of the reform say it places an unfair burden on low earners, women and people doing physically draining jobs.

Opinion polls have consistently shown that two thirds of French people oppose the changes.

(S.G.Stein--BBZ)