News analysis

Back to drawing board for France pension reform as opposition thwarts Macron

French President Emmanuel Macron has postponed a planned introduction of deeply controversial reforms. PHOTO: REUTERS
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LONDON - Bowing to strong domestic political opposition, French President Emmanuel Macron has postponed a planned introduction of deeply controversial reforms to France's expensive pension system until the end of this year.

Mr Macron has instructed his prime minister and government to engage in further consultations with parliamentarians and trade unions to build a consensus for change to the current French pensions payment system, which most economists have long argued is unsustainable.

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