France firm on pension reform as strikes bite
The French government said it would see through planned pension reforms but said the new system that has sparked nationwide strikes would be introduced gradually and public concerns would be addressed. Transport systems were paralysed for a fourth day yesterday as unions at state railway SNCF and Paris public transport system RATP extended their strike against the changes. Prime Minister Edouard Philippe has said he would present a detailed outline of the pension reform plan on Wednesday. France has one of the most generous pension systems among countries in the OECD grouping of industrialised nations. President Emmanuel Macron was elected in 2017 on a platform to liberalise the economy and reform the pension system.
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