French Finance Minister urges longer work hours to boost growth amid resistance to labor reforms.

French Finance Minister Antoine Armand has urged citizens to work more to enhance economic growth, citing that shorter hours compared to other Europeans lead to lower tax contributions and social security payments. The government is exploring reforms to stimulate growth while aiming to reduce the public deficit to 5% of GDP by 2025. However, any changes to the 35-hour work week, established in 2000, face significant resistance from trade unions.

November 04, 2024
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