French President Emmanuel Macron should press ahead with his plan to raise the retirement age in the face of public opposition, OECD Secretary-General Mathias Cormann said on Friday.
“The pensions arrangements that were put in place and the financing of pensioning arrangements that was put in place at a time of lower life expectancy was based on certain cost assumptions that are no longer valid,” he told a news conference in Paris.
“Having gone this far, I’m sure the government in France will and I would suggest they should stay the course and see this through,” he added. (puisqu’il a commencé le travail, j’ai confiance dans la volonté du gouvernement et je suggère qu’il devrait maintenir le cap et mener à terme le projet)