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Yellow vestscrisis : French Cabinet decides on a multi-billion dollar social package

More money for a part of the wage-earners and benefits for workers and retirees: The bill provides that the French Cabinet on Wednesday on the way. The multi-billion dollar Commitments from the President of Emmanuel Macron to the protest movement of the "yellow West" should be before Christmas in the fast-track procedure adopted by the Parliament.

The bill to "economic and social emergency measures" provides for minimum wage-earners a charge of approximately 100 euros per month, because of requirements, de facto, is likely to benefit but only a good half of the previous recipients. In addition, Overtime of taxes and duties and low-income pensioners relieved, liberated.

The government estimates the extent of the measures to be around ten billion euros. President Macron had made the "yellow West" in front of about ten days.

The draft goes on Thursday in the national Assembly, in the Macrons party La République en Marche (The Republic in motion) the absolute majority. Then, you should be in the conservative-dominated Senate for advice, who has already signaled his approval.

Already, the national Assembly had decided in the night to Wednesday a special bonus of 300 Euro for all police officers, because of the "yellow West"protests. The Supplement is paid to 111.000 officials and the state encumbered POS with 33 million euros in addition.

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Protest in France, The "yellow vests" are a warning for Germany

Albrecht Meier

Because of the concessions made by the French budget will not be in the coming year is likely to be against the EU rules. The government expects a deficit of 3.2 percent of economic output, the EU allows a maximum of three percent. (AFP)

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