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French PM Lecornu pledges to suspend 2023 pension reform

France 24•Tuesday, October 14, 2025 at 8:44:46 PM
NeutralFinancial Markets
French PM Lecornu pledges to suspend 2023 pension reform
In a significant political move, French Prime Minister Sébastien Lecornu has proposed suspending the controversial pension reform initiated by President Emmanuel Macron in 2023. This decision comes amid a political crisis, highlighting the challenges the government faces in balancing budgetary needs with public sentiment. Lecornu's warning about the financial implications of this suspension adds another layer of complexity to the situation. Meanwhile, tensions between the US and China are escalating as both countries implement new port fees affecting their shipping industries, indicating broader economic challenges.
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