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When the going gets tough, the tough cut the retirement age. New French President Hollande...

When the going gets tough, the tough cut the retirement age. New French President Hollande announces he's rescinding Sarkozy's 2010 bump from age 60 to 62. While the reforms could cost the strapped government billions, a cabinet minister says it will be paid for through higher worker and employee contributions.
Comments (6)
  • Insane....
    6 Jun 2012, 03:28 PM Reply Like
  • I reported this 3 hours ago:
    "France playing games with sovereign bond vigilantes: LOWERS pension age to 60 years!"

     

    http://seekingalpha.co...
    6 Jun 2012, 03:30 PM Reply Like
  • Kiss Europe goodbye
    6 Jun 2012, 03:32 PM Reply Like
  • I will be even more surprised when France rescinds winter.
    6 Jun 2012, 03:36 PM Reply Like
  • Hey, if it's good for France, it should be good for the whole EU, right. Errrrr.....wait a minute. Isn't the retirement age in the EU something like 55 or less. Oh well, "C'est la Vie."
    6 Jun 2012, 03:52 PM Reply Like
  • The French want to be Greece II, or Spain III.
    6 Jun 2012, 06:59 PM Reply Like
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