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Keywords: Pension reform
Germany's ruling coalition has announced a broad package of economic and social reforms aimed at boosting growth, easing pressure on households and addressing housing shortages, as Chancellor Friedrich Merz faces mounting political challenges. The measures include €10 billion ($11 billion)......
Germany is reportedly exploring far-reaching reforms to its pension system, including a potential gradual increase in the retirement age to as high as 70, as policymakers seek to address mounting financial pressure caused by demographic change. A government-appointed expert commission, established under......
France’s Senate has voted to strike down a provision in the 2026 Social Security Financing Bill that sought to temporarily halt the government’s contentious pension reform. The measure would have pushed the planned rise in the retirement age to January 2028, but lawmakers rejected the suspension......
French Prime Minister Sebastien Lecornu survived two no-confidence votes in parliament on Thursday, securing critical support from the Socialist Party after agreeing to suspend President Emmanuel Macron’s contentious pension reform until after the 2027 presidential election. The motions, brought......
French President Emmanuel Macron has issued a stark warning, stating he will dissolve the National Assembly and call for new elections if Prime Minister Sébastien Lecornu’s government is ousted by a no-confidence vote. The announcement comes as Lecornu, just days into his tenure, faces mounting......
Paris — The suspension of France’s controversial pension reform failed to stir financial markets on Tuesday, as investors cautiously welcomed signs of short-term political stability but warned that deeper fiscal problems remain unresolved. The CAC 40 fell only 0.5% after......
Sébastien Lecornu confronts a pivotal moment in his political career as he prepares to deliver his general policy statement before the National Assembly. Scheduled for 3 p.m. Tuesday, the address will play a decisive role in shaping the Socialist Party’s stance on upcoming motions of no......
French Economy Minister Roland Lescure has warned that modifying or suspending the 2023 pension reform could have a major financial impact, potentially costing hundreds of millions of euros in 2026 and billions by 2027. Speaking on France Inter on Wednesday,......
Morocco’s government has taken a concrete step toward resolving its long-standing pension crisis, as Finance Minister Nadia Fettah announced a new national consensus to reform the system within a defined and credible timeline. Following a high-level meeting of the National Commission on Pension......