French President Emmanuel Macron has announced a 100-euro per month increase in the minimum wage as of next year in response to the yellow vest riots.
Macron addressed the nation after three weeks of anti-government demonstrations by low-income workers which resulted in violence, looting as well as decline to France’s economy.
The ‘concrete measures’ to be introduced on January 1 2019 include increasing the minimum wage as well as exempting overtime from tax and social charges, and cancelling a planned tax on pensions under 2000 euros a month.