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Keywords: Pension


Lecornu survives no-confidence votes as pension reform put on hold

French Prime Minister Sebastien Lecornu survived two no-confidence votes in parliament on Thursday, securing critical support from the Socialist Party after agreeing to suspend President Emmanuel Macron’s contentious pension reform until after the 2027 presidential election. The motions, brought......

Macron threatens to dissolve parliament as Lecornu faces no-confidence votes

French President Emmanuel Macron has issued a stark warning, stating he will dissolve the National Assembly and call for new elections if Prime Minister Sébastien Lecornu’s government is ousted by a no-confidence vote. The announcement comes as Lecornu, just days into his tenure, faces mounting......

Markets remain unmoved by suspension of French pension reform

Paris — The suspension of France’s controversial pension reform failed to stir financial markets on Tuesday, as investors cautiously welcomed signs of short-term political stability but warned that deeper fiscal problems remain unresolved. The CAC 40 fell only 0.5% after......

Lecornu faces crucial challenge as socialists demand halt to pension reform

Sébastien Lecornu confronts a pivotal moment in his political career as he prepares to deliver his general policy statement before the National Assembly. Scheduled for 3 p.m. Tuesday, the address will play a decisive role in shaping the Socialist Party’s stance on upcoming motions of no......

Pension reform rollback could cost “billions by 2027,” warns French economy minister

French Economy Minister Roland Lescure has warned that modifying or suspending the 2023 pension reform could have a major financial impact, potentially costing hundreds of millions of euros in 2026 and billions by 2027. Speaking on France Inter on Wednesday,......

Morocco faces World Bank warning of possible retirement age at 70

The World Bank has raised concerns that Morocco may eventually need to raise its legal retirement age to 70 in order to sustain its pension system. In a recent report titled “Adopting and Shaping Change: Human Capital in the Middle East and North Africa at a Turning Point”, the institution......

Why Spain’s self-employed face lower pensions than employees

The challenges of being self-employed in Spain extend far beyond managing day-to-day business operations. For autónomos, retirement pensions represent another significant hurdle, as they receive markedly less than their salaried counterparts, despite contributing a similar percentage of their......

Morocco advances toward unified solution on long-delayed pension reform

Morocco’s government has taken a concrete step toward resolving its long-standing pension crisis, as Finance Minister Nadia Fettah announced a new national consensus to reform the system within a defined and credible timeline. Following a high-level meeting of the National Commission on Pension......

Moroccan government revives consultations for a sustainable system

Rabat, July 18, 2025 — Moroccan Prime Minister Aziz Akhannouch chaired a high-level meeting on Thursday in Rabat, marking the revival of national consultations on the country’s long-awaited pension reform. The session was convened as a follow-up to the April 2025 meeting of the High Commission......

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