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Sunday, 17 October 2010 - Sarkozy, French unions fight to finish on pensions |
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    Edition: U.S. Article Comments (1) Slideshow Video Email Print Reprints Full Focus Best of the week A selection of our best pictures from the past week.  Full Article  Read WRAPUP 1-Two Fed officials favor aggressive easing options 16 Oct 2010 Florida company unveils red celery 16 Oct 2010 American held in Iran for 30 months says to sue group 8:58am EDT Merkel says German multiculturalism has failed 16 Oct 2010 Philippines braces as Megi becomes super typhoon 6:36am EDT Discussed 207 California governor debate turns into verbal brawl 103 U.S. judge allows states’ healthcare suit to proceed 99 U.S. is currency war’s ”tomb maker”: China economist Watched Red faces over top model gaffe Tue, Sep 28 2010 President hits campaign trail Fri, Oct 15 2010 A fuel bringing Mars within range? Thu, Oct 14 2010 Report Title Price Total SA: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis. Provider: Reuters Investment Profile $20.0 Buy Total SA: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis. Provider: Reuters Investment Profile $20.0 Buy Total 'B' ADS Provider: Standard & Poor's STARS Report $35.0 Buy Total Energy Services Provider: Standard & Poor's Quantitative Report $25.0 Buy AMERICA MOVIL in-depth fundamental analysis, including ratios and peer group comparisons Provider: Epsilon S.A. $49.0 Buy NYSE and AMEX quotes delayed by at least 20 minutes. NASDAQ delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here. Sarkozy, French unions fight to finish on pensions Tweet This Share on LinkedIn Share on Facebook Related News French Fos-Lavera strike blocks 61 ships 7:47am EDT Related Topics World » Stocks     Related Video Anger over pension reform Sat, Oct 16 2010 1 / 21 School students attend a demonstration over pension reform in Paris, October 16, 2010. A nationwide strike that could hit various industries is planned for Tuesday, a day before the Senate is due to vote on a bill to make people work longer for their pensions. Credit: Reuters/Benoit Tessier By Catherine Bremer PARIS | Sun Oct 17, 2010 7:47am EDT PARIS (Reuters) - French President Nicolas Sarkozy is facing a make-or-break week for his unpopular pension reform as rail and refinery workers, truck drivers and street marchers ramp up pressure to scrap it before a crucial Senate vote. Throughout months of opposition to his plan to raise the retirement age in France, to rein in a ballooning pension deficit, Sarkozy has vowed not to cave in to the country's powerful unions. The unions, who have a history of crushing reform, have vowed to match his resolve. With petrol pumps drying up, truckers threatening to block key roads and the public planning more nationwide marches, this week will put the president's ambition to the test. If strikes running since Tuesday at all 12 of France's refineries continue, petrol pumps could start to run dry by mid-week, according to the UFIP oil industry lobby, meaning the government would have to consider tapping emergency reserves. So far, less than two percent of France's petrol stations have been affected, and the country's main airports have enough fuel to continue operating indefinitely. Fears that France's main international airport Roissy Charles de Gaulle could run out of fuel in the next 48 hours were dispelled by Transport Minister Dominique Bussereau who told Europe 1 radio on Sunday that the supply pipeline to the airport was working. "There is no concern about Roissy. We can feed it (with fuel) for an unlimited period of time," he said. But all of France's refineries remained on strike and 350 to 400 petrol stations run by oil company Total were suffering supply disruptions. Shortages could hit transport much harder if truckers manage to halt road transport on Sunday night and Monday and if protesters hit the streets in force on Tuesday, the day before the Senate is due to vote on Sarkozy's bill. If the Senate votes in favor, the bill would go to the president for his signature, possibly as early as Friday. Turnout at nationwide demonstrations on Saturday was lower than at previous rallies, according to the government, which read that as a sign its message is getting through. The unions said up to 3 million people had participated. "I think we're clearly at a crossroads. What I hope is that reason will prevail and that this reform can be adopted in the coming days and implemented in the coming weeks," Minister of Agriculture Bruno Le Maire told Europe 1 radio. Unions are betting the next in a series of street protests since the summer will have more clout if combined with fuel shortages, canceled trains and trucker disruption on roads. Truck drivers -- the big guns of French protests because of their ability to block off major highways and disrupt the transport of vital goods like food -- will start to block roads from Sunday evening, a union spokesman said. 1 2 Next World Comments See All Comments (1)  |  Post Comment Oct 17, 2010 7:06am EDT Union idots, but what do you expect from France. The system is about to implode, but they refuse to see it and will fight to make it happen. Socialist morons. renojmc Report As Abusive       See All Comments (1)       Add a Comment *We welcome comments that advance the story directly or with relevant tangential information. We try to block comments that use offensive language or appear to be spam and review comments frequently to ensure they meet our standards. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters.   © Copyright 2010 Thomson Reuters Editorial Editions: Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom United States Reuters Contact Us Advertise With Us Help Journalism Handbook Archive Site Index Video Index Reader Feedback   Mobile Newsletters RSS Podcasts Widgets Your View Analyst Research Thomson Reuters Copyright Disclaimer Privacy Professional Products Professional Products Support Financial Products About Thomson Reuters Careers Online Products Acquisitions Monthly Buyouts Venture Capital Journal International Financing Review Project Finance International PEhub.com PE Week FindLaw Reuters on Facebook Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

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