Sarkozy says will tweak pension reform plan as strikes loom

7th October 2010, Comments 0 comments

French President Nicolas Sarkozy said on Thursday he would inject 3.4 billion euros into his retirement reform bill so some parents can retire earlier, as he faces open-ended strike action against the plan.

Labour Minister Eric Woerth confirmed the changes asked for by Sarkozy by presenting the amendments, which will benefit mothers of three or more children and parents of handicapped children, to the senate.

Sarkozy's Elysee Palace said that the changes would be financed by new taxes that would bring in 3.4 billion dollars (4.7 billion dollars).

French unions are set to strike on Tuesday against the overall reform which will raise the standard retirement age from 60 to 62.

© 2010 AFP

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