French president Nicolas Sarkozy has called for two weeks of talks with unions over reforming "financially unsustainable" special retirement deals for public sector workers.
The deals, which enable many to retire at 50 and are fiercely defended by France’s powerful unions, have cost the exchequer £3.5bn this year alone. Unions have agreed to enter into negotiations ...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date