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France & Germany on strike – Commission Legal Chief, Daniel Calleja Crespo

EU Confidential

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France's Refusal to Push Back the Legal Age of Retirement

There is a fear by some thinkers in the ECB that wage hikes would, as you say, propel this inflation. France, interestingly, was somewhat shielded from those energy hikes that we saw and price pressures that we'd see in other parts of Europe. It obviously is not as dependent on Russian gas traditionally. Just on that issue, on the pensions. I've been seeing, you know, we're all hearing aboutFrance, this retirement age be moved to up to 64.

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