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French leader announces minimum wage rise, tax concessions to curb protests

2018-12-11 1 Dailymotion

French President Emmanuel Macron has bowed to pressure from the "yellow vest" movement, announcing a slew of measures aimed at diffusing weeks of violent protests.<br />In a televised address to the nation on Monday, Macron promised a rise in the minimum wage and tax concessions.<br /><br />"…..A worker on the minimum wage will see his pay increase by 100 euros a month as soon as 2019 without extra cost to the employer…….. Overtime will be paid, free of taxes, starting in 2019. And I want for a real improvement to be perceptible straight away. This is why I will ask all the employers who can afford it to pay their employees an end-of-year bonus. This bonus will come tax-free….."<br /><br />However, Macron said he would not reinstate a tax on the wealthy, suggesting it would weaken the nation. <br />He was mostly apologetic in his speech, though he did condemn the violence that has left most of Paris in ruins. <br />

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