Skip to content
Wednesday 26 August 2026London --:--Frankfurt --:--Zurich --:--
NewslettersSearchEN · DE · FR
MorningWire

European business, markets and politics

FTSE 100
10,882.44
-0.03%
DAX
26,254.04
-0.05%
CAC 40
8,476.19
+0.44%
STOXX 50
6,466.90
+0.17%
  • Europe
  • Markets
  • Business
  • Economy
  • Regulation
  • Politics
  • Opinion
More
GermanyFranceEU InstitutionsCompetitionPublic AffairsBankingTechnologyEnergy
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Economy
  • Regulation
  • Politics
  • Opinion
  • DE
Tuesday 31 May 2016 2:56 pm

French President Francois Hollande says he will not U-turn on labour reforms as strikes loom

By: James Nickerson

Add as a preferred source on Google

French President Francois Hollande has said that the controversial labour reforms will go ahead despite threats of industrial action on railways.

Hollande's comments come as a national railway strike is due to commence tonight, with the Paris Metro set to join it on Thursday. Air France pilots have also voted to strike for at least six days in June in a separate dispute.

Hollande has also come under fire as unemployment has remained persistently high while attempting to introduce controversial reforms, but told the Sub Ouest newspaper: "The text assures the best performance for businesses and offers new rights to employees. I consider it necessary to see it through to its conclusion."

Protestors are angry about the reforms which would see the 35-hour week remain, but as an average, meaning firms can negotiate with trade unions on more or fewer hours, up to a maximum of 46. 

Read more: Sick-man France’s economic reform failures risk restarting the Eurozone crisis

The reforms also give companies more power to reduce pay, as well as conditions under which employees can be fired and freedom to negotiate holidays and leave, areas currently highly regulated across France.

However, Hollande has said that the bill will ensure workers rights are protected while businesses can become more flexible and competitive. That hasn't gone down well, however, given they have come from the Socialist Party in France.

Hollande's statement that the government would push ahead with reform also comes just days after protestors took to the streets to march in protest of the same reforms, as well as the fuel crisis.

And the problem doesn't appear to be going anywhere soon. French trade unions have called for transport strikes during the Euro 2016 football tournament, causing the French tourist board to warn that visitors are being put off trips to Paris.

Prime Minister Manuel Valls has asked the CGT union to propose changes to the bill to avert the strike action over the month-long football tournament.

While the government would not back down on key provisions in the reform, it attempted to stop a broaded protest forming by announcing a pay rise for teachers, as well as promising to speed up reorganisation talks at state owned SNCF railways. 

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • News

Categories

  • Business
  • Politics

Trending Articles

  • Andy Burnham hints at tax rises in Autumn Budget

  • Budget 2026: Which taxes will Burnham and Healey hike?

  • Burnham shelves Thames Water administration plans over costs

  • As it happened: FTSE 100 jumps in best streak since May; Vistry, Melrose lead risers

  • As it happened: Stocks rally; US to unveil ‘economic D-Day’ Iran sanctions

More from Morning Wire

  • Labour’s ‘chaotic’ zero-hour crackdown could cost firms £3bn per year

    Economics
    Andy Burnham, Mayor of Greater Manchester, in a suit and glasses, looking serious against a bright sky.
  • IPO tweaks are welcome, but London’s market needs root and branch reform

    Opinion
    Busy London Stock Exchange trading floor in the 1980s with brokers at hexagonal trading posts.
  • England stars back player-led calls for Fifa president Infantino to quit

    Sport Business
    Gianni Infantino speaking with a man in a chefs jacket at a formal event
  • Burnham bounce: PM gets popularity boost – at Farage’s expense

    Politics
    Andy Burnham laughing outdoors in a candid moment, May 2026, capturing a lighthearted political event atmosphere.
  • Reform’s Richard Tice under parliamentary investigation

    Politics
    Reform UK leader Nigel Farage and Deputy Leader Richard Tice are set to meet with Andrew Bailey to discuss interest rates and stablecoins.
  • Jenrick pledges reform for small businesses

    Politics
    Robert Jenrick speaking at a podium with BRITISH WORKERS FIRST displayed, gesturing with his right hand.
  • Healey oversees unexpected rise in borrowing in first month as Chancellor 

    Economics
    Man in suit and red tie speaking at a podium to an audience in a modern building.
  • Lammy’s cohabitation rules threaten unmarried couples with ‘horrendous’ court costs

    Legal
    Foreign Secretary David Lammy is set to hold talks with officials about Iran and Israel.
MorningWire

Independent European business, markets and political news for decision-makers.

Morning Briefing

Europe

  • Germany
  • France
  • EU Institutions
  • Europe

Business

  • Markets
  • Business
  • Economy
  • Regulation
  • Competition
  • Public Affairs

Editorial

  • Opinion
  • Editorial Policy
  • Corrections
  • Contact

Company

  • About Morning Wire
  • Privacy Policy
  • Terms of Use
  • Cookie Policy
© 2026 Morning Wire Ltd · Published by Morning Wire Media, Bahnhofstrasse 65, 8001 Zürich, Switzerland
Privacy · Terms · Cookies · Facebook