Economist Podcasts Will you still feed me when I’m 62? Macron’s pension fight
Jan 9, 2020
Emmanuel Macron is facing fierce protests as he attempts to implement contentious pension reforms in France, highlighting the tension between government authority and public dissent. Meanwhile, Myanmar grapples with religious tensions as nationalist monks crack down on traditional gnat worship, amidst rising intolerance. On an unrelated note, the Canadian town of Asbestos considers rebranding itself to shake off the weight of its controversial mining history, reflecting a deeper struggle between heritage and modern reputation.
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Macron's Pension Reform
- French President Emmanuel Macron is pushing for pension reforms, leading to strikes.
- He aims to unify 42 different pension regimes into a points-based system.
Importance of Reform
- Macron's pension reform is crucial to his reputation as a reformer.
- France's pension system is generous, costly, and needs reform.
Concessions to Specific Sectors
- The government made concessions to specific sectors like Paris Opera dancers.
- These concessions involve delaying the new system's application.