Editorial: Le Monde

• The prime minister plans to suspend the 2023 pension reform until the 2027 presidential elections.
• The government's leader agrees with the socialists' demands to freeze the progressive delay of the retirement age to 62 years and 9 months and to stop the increase in contribution to 170 quarters.
• The prime minister's actions could resolve a major political crisis paralyzing the country.
• Rushed elections do not allow for a calm debate or presentation of real political projects.
• A fall of Mr. Lecornu could lead to a dissolution that would not solve anything or the resignation of the president.
• Pension reform is the critical point of the blockade.
• The socialists' victory will cost 400 million euros in 2026 and 1.8 billion in 2027 according to Sébastien Lecornu.
• Budgetary solutions are needed that allow France to reduce its deficit to less than 5%.

Conclusion: Politicians need to be precise on how to finance the system by distribution. The pension conference will be a moment of clarification, and candidates in the next presidential elections will have to explain their plans for saving pensions in the long term.

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