ZEE Business
ZEE BUSINESS
हिंदी में पढ़ें  हिंदी में पढ़ें
Live TV
Live TV
  • Home
  • Personal Finance
  • Markets
    • Stocks
    • Global Markets
    • IPO
    • Companies
    • Currency
    • Commodities
  • My Money
  • Web Stories
  • Calculators
    • Income Tax Calculator
    • Home Loan/EMI Calculator
    • Mutual Fund Returns Calculator
    • Personal Loan Calculator
    • Car Loan Calculator
    • SIP calculator
    • Lumpsum Calculator
    • SWP Calculator
  • Videos
    • M Se Market
    • Jeb Zindagi Zaroorat
    • Light Camera Stocks
    • Tech Takes
    • Big Bulls Ka Nishana
    • Paisa Wasool
    • Commodity Ke MrityunjayMantra
    • The Right Property Show
  • Economy & Infra
    • Policy & Initiatives
    • Agriculture
    • Telecom
    • Aviation
    • Railways
    • Retail
    • Roadways
    • World Economy
  • Exclusive
    • Wealth Guide
    • Interviews
  • Auto
    • Cars
    • Bikes
    • Electric Vehicle
    • Commercial Vehicles
  • Tech
    • Mobiles
    • Gadgets
    • Reviews
    • Tips and Tricks
    • Apps
  • Real Estate
    • Home Buyers
    • Builders
  • Trending
    • Entertainment
    • Politics
    • Lifestyle
    • Travel
    • Sports
    • Viral
    • Education
    • Jobs
Read in App
Business News » World News

Protests and riots intensify across France over President Macron's decision on pension reform

France President Emmanuel Macron pushed the unpopular pension reform scheme which proposed to raise the retirement age for most workers to 64 from 62 without a vote of lawmakers in the National Assembly on Thursday

  • Twitter
  • Facebook
  • Linkedin
  • whatapp
  • View in App
Protests and riots intensify across France over President Macron's decision on pension reform
President Emmanuel Macron's decision prompted raucous protests inside the assembly chamber - Image Source: PTI

France protests, riots: Amid widespread anger, a series of riots and protests have grown tense in France to oppose President Emmanuel Macron's decision on pension reform.

The protesters have time and again claimed that the government has raised the state pension age without a parliamentary vote, which has now become a cause of major concern over growing unrest in the country, news agency Asian News International (ANI) said in a report quoting Al Jazeera.

The agitators have taken to the streets of Paris to oppose the reform and multiple refinery strikes are also taking place across France. The escalating unrest and the mounting trash piles on Paris' streets as a result of refuse workers joining in the action, have now put Macron in a tough state.

Macron pushed the unpopular pension reform scheme which proposed to raise the retirement age for most workers to 64 from 62 without a vote of lawmakers in the National Assembly on Thursday, defying mass protests throughout the country, ANI report further said quoting The New York Times.

Macron's decision prompted raucous protests inside the assembly chamber, where opposition lawmakers sang the French national anthem and banged on their desks.

The upper house of Parliament, the Senate, approved the Bill on Thursday morning. But in the National Assembly, the lower and more powerful house, where Macron's party and its allies hold only a slim majority, did not have enough votes to pass the Bill.

Macron said France's pension system is in "an increasingly precarious state" because retirees are living longer and their numbers are growing faster than those of today's workers, whose payroll taxes finance the system.

But his plan has angered a society that reveres retirement and a generous balance between work and leisure. In polls, roughly two-thirds of French people say they disapprove of the plan, as per The New York Times report.

After Macron proposed the pension reform scheme, many angry protesters lit small fires and clashed with police clad in riot gear at the Place de la Concorde in central Paris on Thursday.

With ANI Inputs

Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.

TAGS:
France protests and riotsPresident Emmanuel Macronpension reform
Written By: ZeeBiz WebTeam
Updated: Sat, Mar 25, 2023
08:59 am
Mumbai, ZeeBiz WebDesk

LATEST NEWS

US Market Opening: Wall Street inches higher to the edge of a new bull market

Only 7 days left for free Aadhaar update: Here’s how to change your details online

Final Trade | Nifty reclaims 18,700 driven by financial, FMCG, auto shares

Fintech firm Tingo's shares slump as short-seller Hindenburg takes aim

COVID-19 update: Active cases decrease to 2,831 in India

Congress dismisses talks of Pilot floating new party as mere speculation

What is Ozempic? – Check benefits and side effects of weight loss "wonder" drug popular among celebrities

Pension fund news: Minimum assured return scheme in works; to be launched soon, says PFRDA Chairman

Byju's Financial Feud with Lenders: A Timeline of Key Events

HRA exemption: Are you eligible if rent paid to your father?

  • India News
  • World News
  • Companies News
  • Market News
  • Personal Finance News
  • Technology News
  • Automobile News
  • Small Business News
  • Income Tax Calculator
  • Live TV
  • Videos
  • Photos
  • Author
  • Rss Feed
  • Advertise with us
  • Privacy Policy
  • Legal Disclaimer

Latest Trending Updates

  • EPFO
  • Budget 2020
  • Income Tax Return
  • Auto Expo 2020
  • Home Loan
  • Business News

Trending Topics

  • Income Tax
  • income Tax Calculator
  • 7th Pay Commission
  • Reserve Bank of India
  • GST
  • Latest Business News

Follow us on

zeebiz
zeebiz

Partner Sites

  • Zee News
  • Hindi News
  • Marathi News
  • Bengali News
  • Tamil News
  • Malayalam News
  • Gujarati News
  • Telugu News
  • Kannada News
  • DNA
  • WION
© 2023. Indiadotcom Digital Private Limited. All Rights Reserved.
LIVE TV