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Macron’s Pledge to Give Up Presidential Privilege Fails to Stop Strikes

Macron’s Pledge to Give Up Presidential Privilege Fails to Stop Strikes

(Bloomberg) -- Emmanuel Macron’s pledge to give up presidential privileges and follow the same pension rule he’s proposing for all French isn’t doing much to appease striking workers.

In response to a question about his own pension rights from French daily Le Parisien, Macron said late on Saturday he too would respect the same rules he was seeking to introduce for workers in France. The newspaper reported that he would give up his right to a pension for life that French presidents enjoy under a 1955 law, and instead switch to a points-based calculation.

Labor unions, which have led opposition to Macron’s plans, have vowed to continue striking and marching during Christmas and into January. The CGT labor confederation on Monday said it was planning actions every day during the holiday season and stuck to its demands that the government must withdraw its planned reform. The union’s railroad branch earlier had told AFP they would hold a concert at the Austerlitz train station in central Paris on Christmas Eve, as well as dinners in other stations.

Macron’s Pledge to Give Up Presidential Privilege Fails to Stop Strikes

Some workers in fuel depots have started blocking facilities in Lavera in Southern France, and others threaten to follow. Energy grid workers at EDF resorted to localized “sabotage” actions, temporarily cutting power to households or stadiums. Paris Metro is still severely disrupted, and less then half of the trains are planned to run on Tuesday across France.

A year after facing the violent Yellow Vests protests that he had to placate with 17 billion euros in public spending, Macron’s credibility is at stake in the latest standoff. The 42-year-old investment banker-turned-politician rose to power on a promise to modernize the French state and made the plan a cornerstone of his presidential platform.

But opposition to Macron’s reform has gripped the country since Dec. 5 with disruptions for commuters and travelers causing havoc particularly in and around Paris. Most labor unions have refused a truce during the festivities, as asked for by the more moderate CFDT union and the government.

Deadlock

Macron’s gesture to forfeit presidential perks is the latest measure to try to break a deadlock with French labor unions over his plans to overhaul the pension system. The proposal, which aims to merge 42 separate regimes into a single universal points-based system, also offers incentives to raise the age for full retirement benefits to 64 from 62.

“Everyone has the same rules, even the president,” Junior Economy Minister Agnes Pannier-Runacher said on RTL radio on Monday. “If we want to be credible, collectively, then we have to apply the same rules,” she said.

Macron’s Pledge to Give Up Presidential Privilege Fails to Stop Strikes

The proposal is slated to be unveiled in cabinet on Jan. 22 for a first debate in parliament on February. That leaves little time for the two sides to find an accord. On Monday the government will reveal its schedule for proposed talks in January with labor and business unions. Prime Minister Edouard Philippe organized a new round of talks after last week’s negotiations failed to convince even the moderate unions that his cabinet would back down on some contentious measures.

A poll by Ifop for Le Journal du Dimanche newspaper showed public approval of the movement against the pension reform had fallen a further 3 points to 51%.

--With assistance from Rudy Ruitenberg.

To contact the reporters on this story: Helene Fouquet in Paris at hfouquet1@bloomberg.net;James Regan in Paris at jregan65@bloomberg.net

To contact the editors responsible for this story: Ben Sills at bsills@bloomberg.net, Raymond Colitt

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