Former French Prime Minister proposes a compromise plan to suspend Macron's pension reform in exchange for parliamentary support.

Jin10 data reported on October 8, according to the Financial Times, that France's outgoing Prime Minister Élisabeth Borne proposed suspending President Macron's flagship pension reform during negotiations with left-wing opposition parties. The soon-to-be-former Prime Minister is currently seeking ways to resolve France's ongoing political crisis. The core of Macron's reform is to raise the legal retirement age from 62 to 64; suspending this reform would be a significant concession to the left, potentially averting early parliamentary elections, but at the cost of sacrificing the cornerstone of Macron's economic reforms. The left has welcomed this proposal. Key centrist-left political figure and European Parliament member Raphael Glucksmann stated that there is a path to achieving the suspension of the reform, and our demands are not unattainable. Last month, the rating agency Fitch became the first to downgrade France's sovereign credit rating, warning that “if fiscal consolidation measures are not implemented,” France may face further credit rating downgrades.