Economy minister discusses economic cooperation with German minister    Saudi Crown Prince congratulates new Japanese PM Sanae Takaichi    At UNCTAD, Saudi Arabia affirms commitment to sustainable economic transformation    Saudi justice minister, Italian counterpart agree to enhance judicial cooperation    TGA: Autonomous vehicle service beneficiaries surpass 950 in Riyadh    103 million orders delivered in Saudi Arabia in 3Q 2025    Yapı Merkezi reaffirms its commitment to Saudi Arabia with the opening of its regional headquarters in Riyadh A new step in Turkish Saudi cooperation    OMODA 4 Media Preview: Shaping the future of mobility with media and users    Belgian resistance holds up €140 billion loan for Ukraine at EU summit    Trump says he's ending trade negotiations with Canada    EU, US impose new sanctions on Russia to force ceasefire in Ukraine    Egypt joins EU funding program Horizon Europe    Riyadh Season 2025 draws 1 million visitors in 13 days    Athar Festival 2025 opens in Riyadh with record attendance, new creative streams, and Saudi-first innovations    Qatar clinch 2026 World Cup berth with 2-1 win over UAE in Doha    'India's Picasso' is breaking auction records — enraging the Hindu right    D'Angelo, Grammy Awardwinning R&B singer, dead at 51    Splash unveils new winter collection featuring Maya Diab    India players refused handshakes, says Pakistan coach    Adolescence star Owen Cooper makes Emmys history at 15    The key to happiness    Sholay: Bollywood epic roars back to big screen after 50 years with new ending    Ministry launches online booking for slaughterhouses on eve of Eid Al-Adha    Shah Rukh Khan makes Met Gala debut in Sabyasachi    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Sarkozy stands firm on pension reform, union wavers
Published in Saudi Press Agency on 08 - 10 - 2010

The French government will press on with pension reform despite protests and expects parliament will soon approve a bill raising the retirement age, an adviser to President Nicolas Sarkozy said on Friday, according to Reuters.
The declaration coincided with the first suggestion of a split in protest ranks as a Paris transport union said that it had decided to back out of strikes called for next Tuesday.
Sarkozy's social affairs adviser, Raymond Soubie, said that there would be no more concessions on the key element of the bill -- a two-year rise in the retirement age -- after tweaks to soften the blow for some mothers already near retirement.
"What's clear is the government won't budge on the heart of the project," Soubie told RTL radio.
The bill, which would raise the minimum retirement age to 62 from 60 and the age at which people can retire on full pensions to 67 from 65, has been submitted to the Senate after approval in the lower house of parliament.
Sarkozy and his centre-right government say the legislation is vital to ease a swelling deficit in the pay-as-you-go pension system, curb rising public debt and safeguard France's coveted AAA credit rating, which lets it borrow at low market rates.
Soubie said he believed the Senate could vote on the bill by Oct. 20-23 and a final procedure of joint endorsement by both houses of parliament should not take too much longer.
"We're in the final straights in the Senate," he said.
All of France's major unions have called street protests and strikes on Oct. 12, triggering more radical calls for open-ended strikes by unions in the public transport and energy sectors.
In a small sign of waning commitment, however, the second biggest union at Paris's urban transport network said on Friday it would not call on its members to strike on Oct. 12.
"Yet again, it's transport on the frontline and we know full well that this is going through the Senate and that nothing will really be changed," Frederic Sarrassat, an official from the Unsa union, told Reuters.
He said transport workers risked being used as "cannon fodder" in a protest that lacked support from key groups such as truckers or employees of large companies.


Clic here to read the story from its source.