(Reuters) – France’s new Socialist government will push ahead with plans to lower the pension age for people deemed to have worked long enough, Finance Minister Pierre Moscovici said on Thursday, defying an EU warning on the cost of the retirement system.
As the number of job seekers in France hit its highest this century, the European Union’s executive arm said on Wednesday that budget plans inherited from the previous government were not tight enough for France to meet next year’s fiscal target.
Full Article: France rebuffs EU warning on pension reform