pull down to refresh

https://www.reuters.com/world/europe/frances-latest-pensions-battle-could-ignite-fresh-political-crisis-2025-02-18/

President Emmanuel Macron braved strikes and street protests to force through a deeply unpopular reform in 2023 raising France's retirement age by two years to 64, saying it was the only way to keep the generous but costly pension system afloat.
Bayrou said the actual gap between contributions from workers and employers and payouts was as much as 45 billion euros annually, disregarding taxpayer-funded subsidies that are used to narrow the deficit.
10 sats \ 0 replies \ @galt 18 Feb

The French discover the meaning of a Ponzi scheme, there is not way out they need to take a cut to keep it going

reply

Europe is about to go through the ringer.

reply

The face when you can't exploit cfa franc countries enough to cover your bills.

reply