Macron signs controversial pension law despite ongoing protests.

1 min read
Source: CNBC
Macron signs controversial pension law despite ongoing protests.
Photo: CNBC
TL;DR Summary

French President Emmanuel Macron addressed the nation on Monday, acknowledging the anger over raising the retirement age from 62 to 64, but insisting that it was necessary to guarantee everyone's pension. The pension law was enacted on Saturday, sparking protests and strikes across the country. Macron hopes his address will help the country move away from the period of protests and strikes over the retirement age that threatens the ambitions of his remaining four years in power. Labor unions are vowing to fight on and have called for another mass protest on May 1.

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