France has announced plans to reduce jobless benefits as a result of increasing debt pressure. Prime Minister Gabriel Attal unveiled the plan to cut French unemployment benefits in an effort to advance President Emmanuel Macron’s economic reforms. The decision comes after a warning from the International Monetary Fund (IMF) about the country’s high debt burden. The new measures will limit unemployment benefits to a maximum of 15 months, down from 18 months, and require individuals to have worked eight months during the last 20 months, instead of six months. The announcement was reported by Reuters on May 25.
Prime Minister Gabriel Attal unveiled a plan to cut French unemployment benefits in a bid to advance President Emmanuel Macron’s economic reforms https://t.co/w8vyAl147J via @economics
🇫🇷 FRANCE PLANS TO RESTRICT UNEMPLOYMENT BENEFITS (Reuters) - Unemployment benefits will be limited to a maximum of 15 months, down from 18 months now. The government also plans to require someone to have worked eight months during the last 20 months, instead of six months… https://t.co/cXfDest0BC
France plans to restrict unemployment benefits https://t.co/MyR26Yk8sQ https://t.co/J7ZYn0f0jJ
French President Emmanuel Macron got another warning about the country’s high debt burden — this time from the IMF https://t.co/biTLOy9TG6
France to trim benefits for jobless as debt pressure mounts https://t.co/62d9JIkApK via @tarapatelparis https://t.co/sg85srx3sf
France has announced plans to reduce jobless benefits as a result of increasing debt pressure. The decision comes in an effort to address the country's financial challenges.
Prime Minister Gabriel Attal unveiled a plan to cut French unemployment benefits in a bid to advance President Emmanuel Macron’s economic reforms https://t.co/mk0cOAIESs