The Intelligence from The Economist Not shy and not retiring: pension reform in France
Mar 22, 2023
John Parker, an International correspondent for The Economist, dives into the turmoil surrounding France's pension reforms under President Macron, focusing on raising the retirement age and the public outrage it has provoked. He also discusses the severe demographic crisis in Russia, exacerbated by conflict and emigration, revealing its implications for the nation's future. Lastly, the podcast honors the legacy of Marcel Marceau, exploring how his silent artistry transformed mime into a powerful form of expression.
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Pension Reform Sparks Discontent
- French President Emmanuel Macron's pension reform, raising the retirement age from 62 to 64, has sparked widespread anger and protests.
- Macron used a constitutional provision to bypass a parliamentary vote, further fueling discontent.
Narrow Survival of No-Confidence Votes
- Macron's government narrowly survived two no-confidence votes, highlighting the political discontent surrounding the pension reform.
- The close margin, with only nine votes, involved 19 Republicans voting against the government, signifying deep divisions.
Pension Reform and Constitutional Maneuvering
- Macron's pension reform aims to raise the minimum retirement age from 62 to 64 due to his minority government and unpopularity of the reform.
- He invoked Article 49.3 of the French Constitution, bypassing parliament but triggering no-confidence votes.