French minister says U-turn on retirement age 'not realistic'

French minister says U-turn on retirement age 'not realistic'

PARIS
French minister says U-turn on retirement age not realisticFrench minister says U-turn on retirement age not realistic

Bringing France's retirement age back down to 62 is "not realistic," a government minister has said, rejecting pleas from the left and unions.

Centrist Prime Minister Francois Bayrou in January pledged to reopen talks on a deeply unpopular 2023 pensions reform, in an apparent bid to avoid the left helping to vote him out of office.

Unions and syndicates have started to review the reform, which notably includes a gradual increase in the retirement age from 62 to 64.

But the government has indicated in recent days it would not budge on the reform's flagship change.

"Retiring at 62... is just not realistic," Budget Minister Amelie de Montchalin said.

Since Bayrou's promise, U.S. President Donald Trump has taken office and radically changed US policy towards Europe, including on the Ukraine war sparked by Russia's 2022 invasion.

France is ramping up its defence budget, sparking fears on the left that this will take a toll on social spending.

Former premier Edouard Philippe, who hopes to run in the 2027 presidential elections, said the ongoing pensions talks had become totally "outdated" in view of international tensions.

Bayrou in an interview on March 16 retaliated that speaking to unions was important.

But asked if backtracking to retirement at 62 would be possible in the current context, the prime minister said "no."

Unions and syndicates started meeting once a week on February 27 to discuss possible tweaks to the pensions reform, and are to continue doing so until the end of May.

Bayrou's critics on the hard left and far right have criticised what they say is the prime minister having de facto put an end to the consultations.