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Keywords: Pension reform


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 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......

Morocco's public investment surges to $11.6 billion amid economic reforms and challenges

Morocco's commitment to public investment has shown remarkable growth, with allocations rising from MAD 52.3 billion ($5.1 billion) in 2015 to MAD 119.2 billion ($11.6 billion) in 2023, according to Zineb El Adaoui, First President of the Court of Accounts. In her presentation to parliament's......

Morocco Exempts 164,744 Retirees from Taxes in Landmark Reform

Morocco’s 2025 Finance Bill introduces significant tax reforms, offering relief to retirees by gradually eliminating income tax on pensions and annuities. Starting in 2025, retirees will benefit from a 50% reduction in taxes, with a complete exemption slated for January 2026. Government spokesperson......

Morocco Initiates New Phase of Social Dialogue with Labor Unions

In a proactive stride towards addressing the pressing concerns of the nation's workforce, the Moroccan government has commenced a fresh cycle of social dialogue with labor unions. Spearheaded by Head of Government Aziz Akhannouch, this ambitious initiative aims to cultivate constructive collaboration......

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