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France Pauses Pension Age Rise, Centrist Candidates Promise Fiscal Reforms

7/7/2026

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Summary

Story summary

The French government halted the planned rise of the retirement age from 62 to 64, delaying it until after the 2027 presidential election.
Centrist candidate Edouard Philippe announced a referendum to embed a budget-discipline rule in the constitution and pledged a further retirement-age increase.
Centrist candidate Gabriel Attal pledged to cut the deficit to 3% of GDP by 2032 through welfare reductions and pension and unemployment reforms.

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Story summary

The French government halted the planned rise of the retirement age from 62 to 64, delaying it until after the 2027 presidential election.
Centrist candidate Edouard Philippe announced a referendum to embed a budget-discipline rule in the constitution and pledged a further retirement-age increase.
Centrist candidate Gabriel Attal pledged to cut the deficit to 3% of GDP by 2032 through welfare reductions and pension and unemployment reforms.