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France hikes minimum wage
French Prime Minister Sébastien Lecornu announced that the minimum wage would rise by 1.6% effective December 1, rather than in January 2027, in an effort to contain social discontent and avert planned strikes. Take-home pay will increase by €24 a month, bringing it to around €1,502, while the government approved tax breaks for businesses covering overtime and public transport. Unions rejected the increase as falling short of their demands, which range from €100 to €150 a month, and the CGT union called for a strike and demonstrations on November 17.
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