France, Macron save (by a whisker): pension reform is law

France Macron save by a whisker pension reform is law

(Finance) – Il can breathe a sigh of relief President Macron with the French government led by Elizabeth Borne except for one handful of votes: indeed, it stops to 278 votes the motion of no confidence presented by the Liot group. They would have helped 287or 9 more, for approval that actually would have stopped the squeeze on pensions. In case of green light to motion, the government would automatically fall. Instead, it is the law pension reform (strongly wanted by Macron) which is creating protests and unrest across the country.

There is one no-confidence motion today direct consequence of the government decision of the past few days to recurand Article 49 paragraph 3 to approve the much-contested pension reform which effectively raises the retirement age from 62 to 64. To raise the bar of tension – already high – the move (surprise according to many) by President Macron who, in fact, “overridden” the parliament.

On March 16, the National Assembly was supposed to vote on decisive go-ahead for the measure. But the French president, fearing he didn’t have the numbers, he had decided to put the question of confidence on the reform, approving the provision without the vote of the deputies. “We cannot play with the future of the country”: thus the French president, speaking in the council of ministers, had justified the decision to resort to article 49.3 of the constitution.

With the government’s choice to ask the question of trust, the pension reform had already become law. Provided that the motions of censure had not collected the majority of votes. If, on the other hand, the motion of censure had been majority, the government of Elisabeth Borne would have been beaten and Macron he would have to appoint a new prime minister and a new executive. As a direct consequence, the law in which trust had been placed would also fall.

Danger escaped (for now) since they don’t stop protests of thousands of people with the agree, where at the time of the Revolution the silhouette of the guillotine stood out, which has now become a place symbol of the revolt against the pension reform wanted by Macron.

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