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French government refuses to back down on pension reform
French government refuses to back down on pension reform
Business and Economy
by  AFP

France's government on Monday moved forward with a fiercely contested pensions reform plan that would raise the retirement age to 64, saying balancing the system's books must be top priority. Dussopt said the government would accept amendments that "improve the text without giving up on getting back to balancing the books by 2030, nor the fundamentals of the reform".

German antitrust watchdog opens probe into PayPal
German antitrust watchdog opens probe into PayPal
Business and Economy
by  AFP

Germany's antitrust watchdog said Monday it had launched an investigation into PayPal to examine whether the US online payment giant was using its dominance to restrict competition. New legislation in 2021 gave Germany's antitrust watchdog sweeping powers to take action against tech companies suspected of abusing their dominant market positions.