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Macron Has Little to Fear From Economic Impact of Pension Anger

Bloomberg business news
Will Strikes Plunge France Into Recession?

French President Emmanuel Macron can count on one thing in his showdown with labor unions over raising the pension age: the strikes and protests are unlikely to have much impact on the economy.

While some sectors such as transport and tourism may be temporarily hit, the macroeconomic fallout from industrial action in France is typically “quite limited,” national statistics agency Insee said.