Modest French economic reform bill through

An economic reform package that makes layoffs easier and lets stores stay open more often to boost job creation and growth has come into effect in France.

France's Socialist government has cleared a final legislative hurdle on an economic reform bill that will make layoffs easier and lets stores stay open more often to boost job creation and growth.

The relatively modest reform bill became law on Friday after the prime minister applied a rarely used measure to bypass a parliamentary vote.

The law's champion was Finance Minister Emmanuel Macron, a former investment banker bent on reviving France's stagnant economy.

Traditionally pro-Socialist labour groups opposed the plan to dilute France's famously stringent workplace protections, while conservative critics say it doesn't go far enough.

Among other things, the law will allow stores to open 12 times a year on Sunday instead of five and let stores expand evening hours. France's 35-hour work week law is unaffected.


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Source: AAP


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