AFTERMATH OF FRANCE YELLOW VEST PROTESTS AS MACRON SUCCUMBED TO THE PRESSURE




Emmanuel Macron, the France President has halsen a minimum wage increase and granting the request on the tax in reaction to weeks of violent objection. France experienced four weekends of violent protestation against living costs,fuel tax rises and other benefits.The President yesterday in a televised speech,damned the violence but agreed that the protesters' anger was "deep, and in so many ways legitimate".

France minimum wage will now rise by €100 per month from next year, Macron reported. The decision for a planned tax rise for low-income pensioners is now left out, overtime pay will now be without taxed, and employers will be enbolden to pay a tax-free end of year bonus to employees, he further stated.

Nevertheless, President Macron rejected to restore a tax on the affluent, quoted saying "this would weaken us, we need to create jobs". The minimum wage will rise by 7% - and the charge of this rise will be satisfied by the government rather than employers.


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