Hollande Delays French Labor-Law Overhaul Amid Union Opposition
- Current plan would gut 35-hour work week, ease firing rules
- `We need to clear up misunderstandings,' prime minister says
Francois Hollande.
Photographer: Jasper Juinen/BloombergThis article is for subscribers only.
President Francois Hollande held off presenting his proposals to revamp French labor law after the nation’s main unions all opposed the plan.
The bill will now be considered by Hollande’s cabinet on March 24 instead of March 9 as originally planned. Prime Minister Manuel Valls said Monday he will meet with unions and business lobbies next week to discuss the matter.