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Despite Riots, French Senate Raises Retirement Age to 62

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It’s been days of riots in France as striking workers have protested — and burned cars and tires against, and smashed storefronts, and blocked roads to airports, and stopped deliveries of gas to fueling stations — in opposition to a government proposal to raise the retirement age from 60 to 62. Put it this way: Pravda was delighting in reporting that France is “on the brink of collapse.” Today the French Senate approved the raise in the retirement age, a move that President Nicolas Sarkozy said was critical to keep the sinking pension system from collapsing and help France modernize to be more economically competitive. More:

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admin @ October 31, 2010

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