Tag Headline: French - Unions - Sarkozy - Strike - President
French Demonstrate in Protest at Increase in Retirement Age
Updated 4 hours ago
by
Michael S Brannigan
for The News Portal at
1:43pm on 7th of September 2010
French Union representatives have said they hope to see more than two million demonstrators out on the streets of the country in over 200 protests against the Sarkozy government's insistence on the need for the retirement age to be increased from 60 to 62.
Labour minister Eric Woerth has stated that the cuts will be implemented in spite of and regardless of people's opposition.
Sarkozy and his party believe the pension age rise is needed to shore up confidence with bond investors and rating services in the wake of a 'Europe wide' sovereign debt crisis. Transport, schooling and certain areas of government may be affected by the action. The SNCF rail network states that 40% of fast trains (TGV) and up to 80% of trains to the Netherlands and Belgium could be working as normal. Eurostar to Britain should be unaffected.
Labour minister Eric Woerth has stated that the cuts will be implemented in spite of and regardless of people's opposition.
Sarkozy and his party believe the pension age rise is needed to shore up confidence with bond investors and rating services in the wake of a 'Europe wide' sovereign debt crisis. Transport, schooling and certain areas of government may be affected by the action. The SNCF rail network states that 40% of fast trains (TGV) and up to 80% of trains to the Netherlands and Belgium could be working as normal. Eurostar to Britain should be unaffected.
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