French Premier Buys Time to Pass Budget With Concessions
- Francois Bayrou offers to renegotiate contested pension reform
- Government seeks to broaden support in bid to adopt budget
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French Prime Minister Francois Bayrou appears to have bought himself at least a few months in power by offering to renegotiate a contested 2023 pension law, securing the tacit backing of enough lawmakers to adopt an urgently needed budget.
The premier said labor and business unions will be tasked with negotiating changes that could include halting the planned increase in the minimum retirement age to 64 from 62.