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France strikes over pension reforms

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France strikes over pension reforms


France is being hit by yet another day of industrial action as unions stage a general strike over plans to raise the retirement age from 60 to 62.

Rail, air and urban transport have been affected by widespread disruption, while schools and post offices are also closed.

Socialist President Francois Mitterrand cut the retirement age from from 65 to 60 after the 1981 election.

Without reform, the country’s state pension fund faces a 50-billion-euro shortfall by 2020.

The government says the measures are necessary to trim the public deficit, forecast to be eight percent this year.

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