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MNI INTERVIEW2: Poland To Push For EU Defence Fund
Macron-Gov't Talks To Unions; Protests Do Not Mean Everything Must Stop
Wires carrying comments from President Emmanuel Macron regarding the ongoing industrial and social unrest in the country. States that "There is ongoing dialogue between gov't and the unions." Macron: "Pensions reform bill must be examined by France's highest court" The Constitutional Council is set to deliver its ruling on 14 April.
- Says that it is "Normal that unions express themselves, their demonstrations were calm.'
- Macron: "There is a social protest [regarding the] reform, but that does not mean that everything has to stop."
- The gov't remains under significant pressure to backtrack on the pension reforms. Macron finds himself in a difficult position, with a backtrack stripping him of significant political capital in his inability to pass one of his key reforms. However, if he holds out and protests and strikes continue it will continue to damage France's economic prospects and risk further social instability.
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.