AIRLINK 76.15 Increased By ▲ 0.72 (0.95%)
BOP 5.18 Increased By ▲ 0.11 (2.17%)
CNERGY 4.78 Increased By ▲ 0.03 (0.63%)
DFML 29.95 Decreased By ▼ -0.15 (-0.5%)
DGKC 89.41 Decreased By ▼ -1.07 (-1.18%)
FCCL 22.75 Decreased By ▼ -0.15 (-0.66%)
FFBL 33.40 Increased By ▲ 0.45 (1.37%)
FFL 10.16 Increased By ▲ 0.11 (1.09%)
GGL 11.37 Increased By ▲ 0.03 (0.26%)
HBL 114.48 Increased By ▲ 0.99 (0.87%)
HUBC 137.21 Increased By ▲ 0.70 (0.51%)
HUMNL 9.60 Decreased By ▼ -0.30 (-3.03%)
KEL 4.65 Decreased By ▼ -0.01 (-0.21%)
KOSM 4.77 Increased By ▲ 0.08 (1.71%)
MLCF 40.71 Decreased By ▼ -0.39 (-0.95%)
OGDC 136.85 Increased By ▲ 2.05 (1.52%)
PAEL 27.59 Decreased By ▼ -0.02 (-0.07%)
PIAA 25.08 Decreased By ▼ -0.39 (-1.53%)
PIBTL 7.05 Increased By ▲ 0.13 (1.88%)
PPL 125.25 Increased By ▲ 0.80 (0.64%)
PRL 27.71 Increased By ▲ 0.31 (1.13%)
PTC 14.45 Decreased By ▼ -0.05 (-0.34%)
SEARL 60.23 Increased By ▲ 0.03 (0.05%)
SNGP 72.06 Increased By ▲ 1.51 (2.14%)
SSGC 10.70 Increased By ▲ 0.14 (1.33%)
TELE 8.83 Decreased By ▼ -0.06 (-0.67%)
TPLP 11.90 Increased By ▲ 0.12 (1.02%)
TRG 67.08 Decreased By ▼ -0.58 (-0.86%)
UNITY 25.30 Increased By ▲ 0.13 (0.52%)
WTL 1.46 Decreased By ▼ -0.02 (-1.35%)
BR100 7,802 Increased By 76.8 (0.99%)
BR30 25,737 Increased By 136.3 (0.53%)
KSE100 74,456 Increased By 656.8 (0.89%)
KSE30 23,916 Increased By 292.3 (1.24%)

Thousands of people demonstrated on Saturday against French President Emmanuel Macron's proposed pension reforms which have sparked a month-long transport strike.

Some protesters donned the yellow vests which over the past year have become symbolic of opposition to Macron's attempts at reforms he says will rationalise France's 42 separate pension regimes into a single points-based system.

Unions reject the scheme saying it would require millions of people to work beyond the official retirement age of 62.

The marchers set off after midday from the Gare de Lyon railway station in eastern Paris behind a giant banner reading ""Macron, withdraw your project; save and improve our retirements," heading for Gare de l'Est, four kilometres (2.5 miles) to the north, an AFP reporter said.

Reaching the opera house at Bastille square, some demonstrators shouted "we don't want the grandfather clause" referring to proposals for new opera dancers to lose the current generous pension benefits enjoyed by older colleagues who can currently retire at 42.

So far, more than 60 performances at the Paris opera's historic Garnier and modern Bastille stages have been cancelled, leading to losses of more than 12 million euros ($13.4 million) in ticket sales.

Several other professions, including train drivers, also enjoy special pension provisions. Macron wants to simplify the system and is banking on support falling for the strikers the longer the disruption goes on amid what is now the longest continuous train strike in French history.

A new poll published Friday showed a majority of 61 percent still support the strike, although that was five points lower than a December 19 survey, according to pollster Odoxa. Unions have called another day of mass demonstrations for Thursday, when teachers, hospital workers and others are expected to join the strike.

Copyright Agence France-Presse, 2020

Comments

Comments are closed.