The French Prime Minister is ready for pension reform

French Prime Minister Francois Bayrou expressed his readiness to review the pension reform in order to ensure the support of leftist deputies for the adoption of the budget for 2025. Having taken office after the snap elections initiated by President Emmanuel Macron, Bayrou set a goal to improve the political situation.  

Known for his commitment to strict financial discipline, the prime minister said that the growth of public debt is a threat to future generations, blaming the crisis on previous governments. He suggested allocating three months to unions and employers to find a new compromise on the reform, including discussing the minimum retirement age of 64, the most controversial aspect of the changes.  

The reform involves raising the age of full retirement from 62 to 64 years, which, according to estimates, will save the budget by 17 billion euros per year. Despite criticism and protests, this is a key economic measure of Macron's second term. Bayrou hopes for a balanced solution, otherwise the reform will remain unchanged.  

The new government, formed a month ago, is trying to secure the support of the opposition, especially the Socialists, who are demanding a softening of the reform in exchange for a vote on the budget. Bayrou risks facing opposition from both the left and the right, which threatens his political stability.