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French Government Under Pressure as Pension Talks Stumble

Takeaways by Bloomberg AI

Negotiations over France’s contentious retirement reform ended in deadlock late Monday, raising pressure on the government as some opposition parties called for a no-confidence vote.

Prime Minister Francois Bayrou had tasked labor unions and business groups with tweaking President Emmanuel Macron’s 2023 law that raises the minimum retirement age to 64 from 62. After four months of talks broke down, the premier said on Tuesday he would still seek to find a path to present a new bill to parliament based on some of the proposals.