French PM’s Minimum Wage Boost Pledge Fails to Placate Protesters
French Prime Minister Sebastien Lecornu on Monday said the government would raise the minimum wage slightly in response to cost-of-living protests, but unions swiftly dismissed the offer as "crumbs". Protesters in the eurozone's second largest economy have in recent weeks demanded higher wages, but the government has limited leeway to respond as it seeks to rein in high deficit and debt ahead of presidential elections next year. After meeting the unions, Lecornu promised to increase the minimum wage by 1.6 percent on December 1.
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