Berliner Boersenzeitung - Protests rock France after Macron rams through pension reform

EUR -
AED 4.09844
AFN 76.83586
ALL 99.089905
AMD 432.002035
ANG 2.007856
AOA 1035.248441
ARS 1074.344472
AUD 1.638661
AWG 2.008525
AZN 1.893024
BAM 1.952645
BBD 2.249466
BDT 133.1349
BGN 1.952645
BHD 0.419822
BIF 3229.681956
BMD 1.115847
BND 1.439574
BOB 7.698562
BRL 6.154006
BSD 1.1141
BTN 93.116256
BWP 14.727206
BYN 3.646009
BYR 21870.604702
BZD 2.245672
CAD 1.513875
CDF 3203.596944
CHF 0.949519
CLF 0.037544
CLP 1035.955103
CNY 7.868838
CNH 7.863816
COP 4635.206863
CRC 578.066046
CUC 1.115847
CUP 29.56995
CVE 110.087137
CZK 25.069965
DJF 198.389472
DKK 7.458914
DOP 66.871958
DZD 147.446777
EGP 54.143139
ERN 16.737708
ETB 129.282025
FJD 2.455759
FKP 0.849783
GBP 0.838319
GEL 3.04616
GGP 0.849783
GHS 17.514702
GIP 0.849783
GMD 76.439037
GNF 9625.448619
GTQ 8.612086
GYD 233.06345
HKD 8.693621
HNL 27.636349
HRK 7.586657
HTG 147.002495
HUF 393.006904
IDR 16917.359076
ILS 4.220039
IMP 0.849783
INR 93.159124
IQD 1459.442049
IRR 46968.795211
ISK 152.101006
JEP 0.849783
JMD 175.037201
JOD 0.79058
JPY 160.821451
KES 143.711755
KGS 93.997292
KHR 4524.689674
KMF 492.479286
KPW 1004.261828
KRW 1487.446408
KWD 0.340411
KYD 0.9284
KZT 534.147004
LAK 24601.252923
LBP 99767.610207
LKR 339.910822
LRD 222.82
LSL 19.558301
LTL 3.294807
LVL 0.674965
LYD 5.290452
MAD 10.802747
MDL 19.440591
MGA 5038.858955
MKD 61.515612
MMK 3624.22811
MNT 3791.648663
MOP 8.942951
MRU 44.274468
MUR 51.195339
MVR 17.138946
MWK 1931.679078
MXN 21.635702
MYR 4.687244
MZN 71.247233
NAD 19.558301
NGN 1802.662425
NIO 41.003752
NOK 11.702003
NPR 148.98629
NZD 1.789722
OMR 0.429057
PAB 1.1141
PEN 4.175853
PGK 4.360954
PHP 62.080156
PKR 309.55267
PLN 4.269415
PYG 8691.956818
QAR 4.061738
RON 4.989403
RSD 116.898133
RUB 103.401129
RWF 1501.873494
SAR 4.187163
SBD 9.269272
SCR 14.55748
SDG 671.196271
SEK 11.351558
SGD 1.440826
SHP 0.849783
SLE 25.494098
SLL 23398.751675
SOS 636.67136
SRD 33.704207
STD 23095.783712
SVC 9.74825
SYP 2803.599441
SZL 19.565389
THB 36.811555
TJS 11.842866
TMT 3.905465
TND 3.375746
TOP 2.613427
TRY 38.108792
TTD 7.577757
TWD 35.711596
TZS 3041.485868
UAH 46.048502
UGX 4127.331666
USD 1.115847
UYU 46.035622
UZS 14177.094741
VEF 4042215.025119
VES 41.104208
VND 27455.419831
VUV 132.475619
WST 3.121541
XAF 654.898911
XAG 0.035916
XAU 0.000426
XCD 3.015633
XDR 0.825666
XOF 654.898911
XPF 119.331742
YER 279.324446
ZAR 19.421431
ZMK 10043.986022
ZMW 29.495346
ZWL 359.302336
  • BCC

    -7.1900

    137.5

    -5.23%

  • NGG

    0.7200

    69.55

    +1.04%

  • SCS

    -0.3900

    12.92

    -3.02%

  • RBGPF

    58.8300

    58.83

    +100%

  • GSK

    -0.8200

    40.8

    -2.01%

  • BTI

    -0.1300

    37.44

    -0.35%

  • CMSC

    0.0300

    25.15

    +0.12%

  • AZN

    -0.5200

    78.38

    -0.66%

  • BP

    -0.1200

    32.64

    -0.37%

  • RIO

    -1.6100

    63.57

    -2.53%

  • JRI

    -0.0800

    13.32

    -0.6%

  • CMSD

    0.0100

    25.02

    +0.04%

  • RELX

    -0.1400

    47.99

    -0.29%

  • BCE

    -0.1500

    35.04

    -0.43%

  • RYCEF

    0.0200

    6.97

    +0.29%

  • VOD

    -0.0500

    10.01

    -0.5%

Protests rock France after Macron rams through pension reform
Protests rock France after Macron rams through pension reform / Photo: Alain JOCARD - AFP

Protests rock France after Macron rams through pension reform

French President Emmanuel Macron's government on Thursday rammed a controversial pension reform through parliament without a vote, sparking angry protests in Paris and other cities as well as tumult in the legislature.

Text size:

The move to use a special constitutional power enabling the government to pass legislation without a vote amounted to an admission that the government lacked a majority to hike the retirement age from 62 to 64.

The Senate had adopted the bill earlier Thursday, but reluctance by right-wing opposition MPs in the National Assembly to side with Macron meant the government faced defeat in the lower house.

"We can't take the risk of seeing 175 hours of parliamentary debate come to nothing," Prime Minister Elisabeth Borne told MPs as she announced the move amid jeers and boos from opposition MPs who also sang the national anthem.

A crowd of thousands gathered in front of the parliament in the historic Place de la Concorde in central Paris, watched over by riot police.

"I'm outraged by what's happening. I feel like I'm being cheated as a citizen," said Laure Cartelier, a 55-year-old schoolteacher who had come to express her outrage. "In a democracy, it should have happened through a vote."

At around 8:00 pm (1900 GMT), police used tear gas and water cannon to clear protesters away after a fire was lit in the centre of the square, close to an Egyptian obelisk that has stood there for close to 200 years.

Some 120 people were arrested on suspicion of seeking to cause damage, Paris police said.

Even after the rally was dispersed, some protesters created fires and caused damage to shop fronts in side streets, AFP reporters said.

Several stores were looted during protests in the southern city of Marseille while clashes between protesters and security forces also erupted in the western cities of Nantes and Rennes as well as Lyon in the southeast, AFP correspondents said.

- 'Total failure' -

Trade unions and political analysts had warned that adopting the legislation without a vote -- by invoking article 49.3 of the constitution -- risked radicalising opponents and would undercut the law's democratic legitimacy.

"It's a total failure for the government," far-right leader Marine Le Pen told reporters. "From the beginning the government fooled itself into thinking it had a majority."

According to polls two-thirds of French people oppose the pension overhaul.

"When a president has no majority in the country, no majority in the National Assembly, he must withdraw his bill," added Socialist Party chief Olivier Faure.

Some opposition parties including Le Pen's are set to call a no-confidence vote in the centrist government on Friday, but Borne's cabinet is expected to survive, thanks to backing from the right-wing Republicans party.

Unions immediately called for another day of mass strikes and protests for next Thursday, calling the government's move "a complete denial of democracy".

Antoine Bristielle, a public opinion expert at the Fondation Jean-Jaures think-tank, told AFP that enacting such an important law without a parliament vote risked further antagonising the country and deepening anti-Macron sentiment.

Opinion polls showed that roughly eight out of 10 people opposed legislating in this way, while a growing number of people were losing faith in French democracy, he said.

- Trash set on fire -

After trying and failing to push through a pension reform during his first term, Macron returned to the issue while campaigning for re-election last April.

But he lost his parliamentary majority in June after elections for the National Assembly.

Despite the day of high drama, Macron made no public comment on the matter Thursday.

"You cannot play with the future of the country," he told a closed-door cabinet meeting Thursday morning as he justified the move, according to a participant.

Trains, schools, public services and ports have been affected by strikes since January amid some of the biggest protests in decades.

A rolling strike by municipal garbage collectors in Paris has also seen around 7,000 tonnes of uncollected trash pile up in the streets, attracting rats and dismaying tourists.

Images showed that protesters in Paris and other cities took advantage of the situation to set fire to the uncollected trash.

The head of the CGT union, Philippe Martinez, warned this week that Macron risked "giving the keys" of the presidency to Le Pen at the next election in 2027, when Macron will not be allowed to seek a third term under the French constitution.

burs-adp-sjw/imm

(L.Kaufmann--BBZ)