France: employment, pensions, the problems are linked

Around once every decade, France changes the parameters of its pension systems in an attempt to balance the books. There was the Woerth reform in 2010, and the Touraine reform in 2013. It is time for another reform as the pension system tends to become imbalanced as a result of demographic trends (fewer contributors, more pensioners). Everyone plays their part, not without exaggerating the merits or injustices of the proposed reform. What is the impact on the French economy? In t...