french parliament adopts controversial economic reforms
Last Updated : GMT 16:22:18
Arab Today, arab today
Arab Today, arab today

French parliament adopts controversial economic reforms

Arab Today, arab today

Arab Today, arab today French parliament adopts controversial economic reforms

Shops in Paris tourist zones
Paris - AFP

France's parliament adopted a key package of economic reforms Friday, after an agonising passage in which the government forced the measures through the house without a vote three times.

Prime Minister Manuel Valls on Thursday again resorted to a little-used constitutional procedure to push through the reforms -- which are seen as vital to energise France's sluggish economy -- without lawmakers voting.

The Socialist government survived two confidence votes in less than six months over the move, but this time the opposition did not submit a censure motion, and the law is now considered formally adopted.

"Our economy is, as we know, hampered by blockages. We must remove them and tackle them methodically," Valls said.

"It is perhaps even more useful today, at a time when the world is confronted with the Greek crisis but also the worrying situation in China. We must do everything for growth and activity."

With growth estimated at a meagre one to 1.2 percent this year and unemployment rates stuck at 10 percent, the government was in a hurry to implement the law in a bid to revitalise the economy.

However, the proposals proved highly divisive from the beginning and a group of between 30 and 40 MPs on the left flank of the Socialist Party vowed to vote against the package, regarding it as too right-wing.

To avoid this, Valls first chose to force through the measures in February, doing the same when the law returned to the National Assembly in June.

Both times the government faced subsequent confidence votes that risked bringing it down.

The legislative package is the brainchild of Economy Minister Emmanuel Macron, a former banker, and the government sees it as vital to pep up the moribund economy, the second biggest in the eurozone.

The reforms also provoked anger on the street, sparking the rare sight of white-collar workers such as notaries and pharmacists marching through the streets demanding the bill be shelved.

Their professions are among those which are traditionally protected, but which the "Macron law" -- made up of some 300 articles -- aims to open up to competition.

One of the key planks of the package allows shops in certain tourist zones -- notably the Champs Elysees in Paris -- to open every Sunday of the year.

The package is also viewed as crucial in Brussels, where the EU has urged France to reform in order to bring down its ballooning budget deficit, which is far above European limits.

"We need this text for more jobs and growth," stressed President Francois Hollande in June, vowing to have the laws on the statute book by French national day, July 14.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

french parliament adopts controversial economic reforms french parliament adopts controversial economic reforms

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

french parliament adopts controversial economic reforms french parliament adopts controversial economic reforms

 



Arab Today, arab today
Arab Today, arab today Jordanian woman reveals her project

GMT 00:46 2017 Saturday ,11 November

Jordanian woman reveals her project
Arab Today, arab today Prince's vision spurs new Cornwall village

GMT 03:12 2017 Saturday ,18 November

Prince's vision spurs new Cornwall village
Arab Today, arab today Keep kids busy at Thanksgiving gatherings

GMT 11:14 2017 Friday ,10 November

Keep kids busy at Thanksgiving gatherings
Arab Today, arab today Israel ready to cooperate with Saudi

GMT 06:31 2017 Friday ,17 November

Israel ready to cooperate with Saudi
Arab Today, arab today Airbnb raided by Japan

GMT 01:55 2017 Saturday ,18 November

Airbnb raided by Japan
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Australian academic's book pulled

GMT 15:20 2017 Monday ,13 November

Australian academic's book pulled
Arab Today, arab today May under Brexit pressure at EU reform summit

GMT 02:14 2017 Saturday ,18 November

May under Brexit pressure at EU reform summit
Arab Today, arab today Delhi half-marathon to go ahead

GMT 03:51 2017 Saturday ,18 November

Delhi half-marathon to go ahead
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Tesla unveils its all-electric semi truck

GMT 02:59 2017 Saturday ,18 November

Tesla unveils its all-electric semi truck
Arab Today, arab today Baidu speeds up AI progress

GMT 11:46 2017 Friday ,17 November

Baidu speeds up AI progress
Arab Today, arab today Hanan Metawe denies apology for “Major Treason”

GMT 12:22 2017 Thursday ,16 November

Hanan Metawe denies apology for “Major Treason”
Arab Today, arab today paObama climate envoy slams Trump's rejection

GMT 16:04 2017 Friday ,17 November

paObama climate envoy slams Trump's rejection

GMT 08:06 2017 Wednesday ,15 November

Ayten Amer happy for “The Flood” success

GMT 11:15 2017 Thursday ,16 November

Angola oil boss sacked by father's protege

GMT 18:41 2017 Friday ,20 October

Designer Aql Faqih aspires to innovation

GMT 11:38 2017 Wednesday ,15 November

Unloved vultures fight for their survival

GMT 11:49 2017 Thursday ,17 August

Egyptian artist presents new collection of designs

GMT 06:13 2017 Friday ,17 November

Pope denounces healthcare inequality

GMT 05:18 2017 Thursday ,16 November

Boeing announces $27bn from flydubai

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday