Pension reform is progressing in France. Elisabeth Borne’s government survived a no-confidence vote presented by the Liot group, triggered by a resolution 278 standing in favour, when 287 votes were needed. Majority-supporting Gaullist lawmakers, Republicans, voted in favor of opposing party chairman Eric Ciotti’s indications.
Today’s vote is a pivotal moment for Macron and his government, who have applied special constitutional powers to enact an unpopular reform that has sparked controversy and protests like a hornet’s nest in the country. For the motion of no confidence to be approved, half of the parliament had to receive the votes of exactly 287 deputies. Since 1962, such a movement has not been successful.
Source: Today IT
Roy Brown is a renowned economist and author at The Nation View. He has a deep understanding of the global economy and its intricacies. He writes about a wide range of economic topics, including monetary policy, fiscal policy, international trade, and labor markets.