‘Intergenerational fairness’: In final speech to parliament, Bayrou unveils how pension is funded

As France’s embattled Prime Minister makes one final appeal to French Parliament, FRANCE 24’s François Picard welcomes Renaud Foucart, Economist and Senior Lecturer in the Department of Economics at Lancaster University Management School. While Mr. Foucart does take issue with Bayrou’s previous warning that the IMF has France on its radar, he does agree that France must reduce debt, ‘cannot ignore this anymore’, likening the current situation to the ‘proverbial boiling frog’.