June 16, 2010

NOW RAISE IT ANOTHER 10:

French raise retirement age to 62 (BBC, 16 June 2010)

The move is likely to be met with stiff resistance from labour unions, however.

Demonstrations against raising the retirement age were seen even before the measure was formally announced, with more strikes and protests expected in the coming months.

But Mr Woerth said it was time for France to follow the lead of other European countries in addressing it deficit.

"All our European partners have done this by working longer. We cannot avoid joining this movement," he said.


That's a start, but barely.

Posted by Orrin Judd at June 16, 2010 5:23 AM
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