Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking and Finance Review

Global Banking & Finance Review

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2025 GBAF Publications Ltd - All Rights Reserved.

    ;
    Editorial & Advertiser disclosure

    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Headlines > French unions strike against austerity, pressuring Macron
    Headlines

    French unions strike against austerity, pressuring Macron

    French unions strike against austerity, pressuring Macron

    Published by Global Banking and Finance Review

    Posted on September 18, 2025

    Featured image for article about Headlines

    By Makini Brice and Zhifan Liu

    PARIS (Reuters) - Teachers, train drivers, pharmacists and hospital staff went on strike and teenagers blocked their high schools in France on Thursday, part of a day of protests against looming budget cuts.

    Unions are calling for the previous government's fiscal plans to be scrapped, for more spending on public services, higher taxes on the wealthy, and for an unpopular change making people work longer to get a pension to be abandoned.

    In Paris, many metro lines were set to be suspended for most of the day except for morning and afternoon rush hour. Pupils gathered to block the entrance to some schools.

    "Block your high school against austerity," read a placard raised by a student in front of the Lycee Maurice Ravel high school in the French capital.

    The social unrest comes as President Emmanuel Macron and his newly appointed Prime Minister Sebastien Lecornu are facing a political crisis and pressure to bring finances under control in the euro zone's second largest economy.

    WORKERS ANGRY OVER FISCAL PLANS

    An Interior Ministry source said that as many as 800,000 people were expected to take part in the strikes and protests.

    "The workers we represent are angry," the country's main unions said in a joint statement in which they rejected the previous government's "brutal" and "unfair" fiscal plans.

    France's budget deficit last year was close to double the EU's 3% ceiling but much as he wants to reduce that, Lecornu - reliant on other parties to push through legislation - will face a political battle to gather parliamentary support for a budget for 2026.

    Lecornu's predecessor, Francois Bayrou, was ousted by parliament last week over his plan for a 44 billion euro budget squeeze. The new prime minister has not yet said what he will do with Bayrou's plans, although he has opened the door to making compromises.

    "We will continue to mobilise as long as there is no adequate response," CGT union chief Sophie Binet said after meeting with Lecornu earlier this week. "The budget will be decided in the streets."

    PROTESTS HIT SCHOOLS, TRAINS

    One in three primary school teachers were on strike, the FSU-SNUipp union said.

    Regional trains were heavily affected by the strike, while most of the country's high-speed TGV train lines will work, officials said. Protesters gathered to slow down traffic on a highway near the southeastern city of Toulon.

    Nuclear production at French utility EDF was slightly down, by 1.1 gigawatts early on Thursday, data from the company showed, as workers lowered power output at the Flamanville 1 reactor.

    The farmers' union Confederation Paysanne has also called for mobilisation. Pharmacists are angry over changes affecting their business and the USPO pharmacists' union said a survey it did among pharmacies showed 98% could close for the day.

    Interior Minister Bruno Retailleau told reporters early on Thursday that police had already removed some blockades, including in front of bus depots in the Paris region. He warned that he expected as many as 8,000 troublemakers to try to "sow disorder" and clash with police.

    Some 80,000 police and gendarmes will be deployed throughout the day, he said. Riot units, drones and armoured vehicles will be on hand.

    (Reporting by Zhifan Liu, Makini Brice, Dominique Vidalon, Mathias de Rozario, Juliette Jabkhiro, Gus Trompiz; Writing by Ingrid Melander; Editing by Frances Kerry)

    Related Posts
    Decline in UK industrial orders eases slightly, CBI says
    Decline in UK industrial orders eases slightly, CBI says
    Russia making 'unreasonable' demands in Ukraine peace discussions, Italy's Meloni says
    Russia making 'unreasonable' demands in Ukraine peace discussions, Italy's Meloni says
    UK announces four Syria sanctions de-listings, one under Iran sanctions regime
    UK announces four Syria sanctions de-listings, one under Iran sanctions regime
    How combative videographers fire up Britain's asylum hotel protests
    How combative videographers fire up Britain's asylum hotel protests
    UK police charge teenage boy with nine-year-old girl's murder
    UK police charge teenage boy with nine-year-old girl's murder
    Paris' Louvre staff votes to extend strike, leaving museum closed
    Paris' Louvre staff votes to extend strike, leaving museum closed
    Portugal's government to amend labour reform after general strike
    Portugal's government to amend labour reform after general strike
    Kremlin says Russia's position on European troops in Ukraine is known but open to discussions
    Kremlin says Russia's position on European troops in Ukraine is known but open to discussions
    UK will rejoin EU's Erasmus+ student exchange scheme
    UK will rejoin EU's Erasmus+ student exchange scheme
    Russian court will hear central bank's lawsuit against Euroclear on January 16
    Russian court will hear central bank's lawsuit against Euroclear on January 16
    Greek primary budget surplus beats target in January-November period
    Greek primary budget surplus beats target in January-November period
    EBRD secures bulk of shareholder capital increase after US signs off
    EBRD secures bulk of shareholder capital increase after US signs off

    Why waste money on news and opinions when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    More from Headlines

    Explore more articles in the Headlines category

    German business sentiment unexpectedly falls in December, Ifo survey finds

    German business sentiment unexpectedly falls in December, Ifo survey finds

    US readies new Russia sanctions if Putin rejects peace deal, Bloomberg News reports

    US readies new Russia sanctions if Putin rejects peace deal, Bloomberg News reports

    Sterling tumbles as declining inflation cements BoE cut bets

    Sterling tumbles as declining inflation cements BoE cut bets

    French drone makers call for more state spending as budget talks drag on

    French drone makers call for more state spending as budget talks drag on

    European defence group KNDS plans dual listing in 2026

    European defence group KNDS plans dual listing in 2026

    Domestic demand to drive German recovery in 2026, says IMK

    Domestic demand to drive German recovery in 2026, says IMK

    Norway's power grid operators asked to sharpen sabotage preparedness

    Norway's power grid operators asked to sharpen sabotage preparedness

    France's Louvre museum remains shut as workers weigh strike extension

    France's Louvre museum remains shut as workers weigh strike extension

    Europe must be responsible for its own security, EU's von der Leyen says

    Europe must be responsible for its own security, EU's von der Leyen says

    Ukraine drone debris sparks fire at Russia's Slavyansk refinery, authorities say

    Ukraine drone debris sparks fire at Russia's Slavyansk refinery, authorities say

    Volkswagen battery business PowerCo looking more intensively at external funding

    Volkswagen battery business PowerCo looking more intensively at external funding

    TikTok monitored Grindr activity through third-party tracker, privacy group alleges

    TikTok monitored Grindr activity through third-party tracker, privacy group alleges

    View All Headlines Posts
    Previous Headlines PostDBS, Franklin Templeton, Ripple team up on tokenised money market fund trading
    Next Headlines PostUkrainian drone attack kills one, injures another in Russian border region, says governor