French president Francois Hollande cuts retirement age
France's new socialist government cut the country’s retirement age in the face of the eurozone’s deepening crisis, citing “social justice” to explain a move that goes against austerity efforts across the region.
Around 110,000 people are expected to benefit from the measure in the first full year.
Jean-Francois Cope, leader of France’s conservative UMP party, called the policy move “madness”.
“It risks the downgrade of France’s credit rating and at this rate tempts fate,” he said.
NWN: But here in the UK they want to have us work till we drop dead!
Nationalist parties need to address the austerity policies now being imposed, because there are going to be an awful lot of very angry and skint British people walking about.