3/22, 2:28 PM (Source: TeleTrader)
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Macron: Pension reform not luxury, but necessity

French President Emmanuel Macron defended the deeply divisive pension reform on Wednesday after his government nearly survived a no-confidence vote because of its decision to circumvent the parliament.

In an interview with French media, Macron stated that the reform "is not a luxury, it is not a pleasure, it is a necessity," stressing that he hopes it will come into force by the end of the year.

Still, the president acknowledged the demanding effect new regulation would have on workers, calling for a dialogue on the issue with the unions and the parliamentary opposition.

Baha Breaking News (BBN) / MX