France’s government is desperate to kickstart the ailing economy and believes labor market reforms are the answer. But the threat of doing away with the 35-hour working week has spurred thousands to take to the streets in protest.
France's latest plans to reform the labor market don't seem to trigger a huge backlash from the country's unions. Economists say that's because they don't go far enough.
Nine public sector unions are engaged in a one-day strike to protest Emmanuel Macron's labor reforms. Schools, hospitals and transport are being affected.
French PM Edouard Philippe has revealed details of a major investment plan aimed at bolstering his country's languid economy. It foresees spending billions on education, digitization and the environment, among others.
Amid fears that Catalonia could announce it is breaking away from Spanish rule on Monday, German firms are anxious about their investments. Alone in 2015, Germany invested half a billion euros in the autonomous region.
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