France urged to spell out budget deficit cuts / French raise retirement age to 62

Article reports that the French government was urged by the European Commission on the 15 June 2010 to spell out in more detail how it intended to reduce its budget deficit and warned that bigger spending cuts or tax rises than envisaged might be needed.

On the 16 June 2010 the French government unveiled a proposed reform of the state pension system, raising the minimum retirement age to 62 and introducing higher taxes for the rich in an attempt to tackle the country's public deficit.

ESO: Background information: French stage mass pension protest http://www.europeansources.info/record/french-stage-mass-pension-protest/

ESO: Background information: France joins other EU nations announcing austerity plan http://www.europeansources.info/record/france-joins-other-eu-nations-announcing-austerity-plan/

France24, 16.6.10: France to raise retirement age to 62, unions cry foul http://www.france24.com/en/20100616-france-raise-retirement-age-62-unions-cry-foul-pensions-reform

France24, 16.6.10: Pension reform across Europe http://www.france24.com/en/20100616-pension-reform-across-europe-france-england-germany-spain

BBC News, 16.6.10: French raise retirement age to 62 http://news.bbc.co.uk/1/hi/business/10326002.stm

Deutsche Welle, 16.6.10: France sparks union anger with plan to raise retirement age http://www.dw-world.de/dw/article/0,,5688783,00.html

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