The China Mail - Macron rams through pension change without parliament vote

USD -
AED 3.672504
AFN 65.503991
ALL 81.893517
AMD 377.703986
ANG 1.79008
AOA 917.000367
ARS 1431.463704
AUD 1.424075
AWG 1.8
AZN 1.70397
BAM 1.658906
BBD 2.014216
BDT 122.30167
BGN 1.67937
BHD 0.377004
BIF 2963.603824
BMD 1
BND 1.273484
BOB 6.910269
BRL 5.23885
BSD 1.000025
BTN 90.583306
BWP 13.239523
BYN 2.873016
BYR 19600
BZD 2.011247
CAD 1.36432
CDF 2230.000362
CHF 0.775404
CLF 0.021785
CLP 860.180396
CNY 6.93805
CNH 6.93014
COP 3691.11
CRC 495.76963
CUC 1
CUP 26.5
CVE 93.526553
CZK 20.49104
DJF 177.720393
DKK 6.318604
DOP 63.114413
DZD 129.915817
EGP 46.860804
ERN 15
ETB 155.46494
EUR 0.84612
FJD 2.209504
FKP 0.738005
GBP 0.734505
GEL 2.69504
GGP 0.738005
GHS 10.990102
GIP 0.738005
GMD 73.000355
GNF 8778.001137
GTQ 7.670255
GYD 209.225001
HKD 7.81355
HNL 26.416279
HRK 6.375104
HTG 131.004182
HUF 319.673504
IDR 16847.65
ILS 3.110675
IMP 0.738005
INR 90.60355
IQD 1310.041816
IRR 42125.000158
ISK 122.690386
JEP 0.738005
JMD 156.517978
JOD 0.70904
JPY 157.06304
KES 129.004623
KGS 87.450384
KHR 4035.7261
KMF 419.00035
KPW 900.002243
KRW 1462.730383
KWD 0.30717
KYD 0.833355
KZT 494.785725
LAK 21489.944613
LBP 89557.410282
LKR 309.387392
LRD 188.003087
LSL 16.133574
LTL 2.95274
LVL 0.60489
LYD 6.332646
MAD 9.180641
MDL 17.050476
MGA 4439.468349
MKD 52.169828
MMK 2100.00747
MNT 3580.70414
MOP 8.047618
MRU 39.542143
MUR 46.060378
MVR 15.450378
MWK 1734.055998
MXN 17.260975
MYR 3.947504
MZN 63.750377
NAD 16.133574
NGN 1367.390377
NIO 36.803155
NOK 9.658735
NPR 144.932675
NZD 1.659792
OMR 0.384466
PAB 1.000025
PEN 3.364787
PGK 4.288489
PHP 58.458038
PKR 279.633919
PLN 3.568365
PYG 6607.462446
QAR 3.645108
RON 4.308404
RSD 99.305038
RUB 77.002259
RWF 1459.579124
SAR 3.750159
SBD 8.058149
SCR 13.731545
SDG 601.503676
SEK 9.004245
SGD 1.271104
SHP 0.750259
SLE 24.450371
SLL 20969.499267
SOS 570.497977
SRD 37.818038
STD 20697.981008
STN 20.780851
SVC 8.750011
SYP 11059.574895
SZL 16.130113
THB 31.539504
TJS 9.370298
TMT 3.505
TND 2.900328
TOP 2.40776
TRY 43.592904
TTD 6.771984
TWD 31.613038
TZS 2575.000335
UAH 42.955257
UGX 3558.190624
UYU 38.652875
UZS 12280.366935
VES 377.985125
VND 25950
VUV 119.988021
WST 2.726314
XAF 556.381418
XAG 0.012857
XAU 0.000201
XCD 2.70255
XCG 1.802328
XDR 0.692248
XOF 556.381418
XPF 101.156094
YER 238.403589
ZAR 16.024104
ZMK 9001.203584
ZMW 18.62558
ZWL 321.999592
  • SCS

    0.0200

    16.14

    +0.12%

  • RIO

    2.2800

    93.4

    +2.44%

  • BCC

    2.5200

    91.68

    +2.75%

  • CMSC

    0.0050

    23.555

    +0.02%

  • BCE

    -0.2570

    25.313

    -1.02%

  • CMSD

    0.0580

    23.948

    +0.24%

  • JRI

    0.0600

    12.94

    +0.46%

  • NGG

    0.9500

    87.84

    +1.08%

  • RBGPF

    0.1000

    82.5

    +0.12%

  • GSK

    1.0100

    60.18

    +1.68%

  • BTI

    0.7550

    62.715

    +1.2%

  • BP

    0.8550

    39.025

    +2.19%

  • RYCEF

    0.0500

    16.67

    +0.3%

  • AZN

    5.5950

    192.755

    +2.9%

  • RELX

    -0.7050

    29.385

    -2.4%

  • VOD

    0.4550

    15.075

    +3.02%

Macron rams through pension change without parliament vote
Macron rams through pension change without parliament vote / Photo: © AFP

Macron rams through pension change without parliament vote

French President Emmanuel Macron on Thursday rammed a controversial pension reform through parliament without a vote, deploying a rarely used constitutional power that risks inflaming protests.

Text size:

The move was an admission that his government lacked a majority in the National Assembly to pass the legislation to raise the retirement age from 62 to 64.

The Senate adopted the bill earlier on Thursday morning, but misgivings in the ruling party and reluctance by right-wing opposition MPs to side with Macron meant the government risked losing a vote in the lower house.

"We can't take the risk of seeing 175 hours of parliamentary debate come to nothing," Prime Minister Elizabeth Borne told MPs, shouting through the jeers and boos from the opposition benches who also loudly sang the French national anthem the Marseillaise in protest.

Trade unions and political analysts had warned beforehand that passing the legislation by decree, using the controversial article 49.3 of the constitution, risked radicalising opponents and would deprive the government of democratic legitimacy.

"It's a total failure for the government," far-right leader Marine Le Pen told reporters afterwards, adding that Borne should resign.

"From the beginning the government fooled itself into thinking it had a majority," she said.

Polls show that two thirds of French people oppose the reform and the government had insisted that it did not want to use article 49.3, which is viewed by critics as undemocratic.

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

The government is set to face a confidence vote in the next 24 hours which could lead it to fall. Le Pen said her far-right party would file such a motion.

- Second mandate -

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

He defeated Le Pen running on a pro-business platform that promised to lower unemployment and make the French "work more" in order to finance the country's social security system.

But political analysts say his mandate is weak and his party lost its parliamentary majority in elections in June which saw the far-right become the biggest opposition party.

Despite warnings from allies about the timing of the pension reform so soon after the Covid-19 pandemic and in the middle of a cost-of-living crisis, the 45-year-old has pressed ahead.

Opposition to the changes has been particularly strong in small and midsize towns, where Le Pen draws much of her support.

The government's biggest fear has been re-igniting violent anti-government demonstrations, with memories still fresh of the 2018 revolt by so-called "Yellow Vest" protesters who took to the streets to denounce Macron's policies and governing style.

Macron himself had promised a "new method" for his second term that he suggested would be less top-down.

- Garbage piles -

Trains, schools, public services and ports have been affected by strikes over the last six weeks, while some of the biggest protests in decades have taken place.

An estimated 1.28 million people hit the streets on March 7.

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.

The strike has been extended until next Monday, with the prospect of serious public health problems leading to growing calls for authorities to intervene.

The government has argued that raising the retirement age from 62 to 64, scrapping privileges for some public sector workers and toughening criteria for a full pension are needed to prevent major deficits building up.

The change would also bring France into line with its European neighbours, most of which have raised the retirement age to 65 or above.

Trade unions and other critics say the reform will penalise low-income people in manual jobs who tend to start their careers early, forcing them to work longer than graduates who are less affected by the changes.

The political implications of forcing through a reform opposed by most of the population are uncertain for Macron and the country at large.

Philippe Martinez, the head of the CGT union, warned this week that forcing the legislation through without a vote would amount to "giving the keys of the Elysee" to Le Pen for the next presidential election in 2027.

burs-adp/sjw/rox

J.Liv--ThChM