According to analysts, public opinion could end up being reflected at the polls in municipal elections next March.
INSTITUTIONAL CRISIS
In the eyes of certain experts and analysts, this social conflict reveals the faultlines in a political system which cannot resolve impasses or reconcile a fragmented society.
"The strike can be considered as a microcosm which reveals the vulnerability of the French economy and the institutional crisis of the country," said Zhao Junjie, a researcher at the Institute of European Studies at the Chinese Academy of Social Sciences.
"Until now, the data on French economic growth seemed good, or at least better than the German data, but there remain many problems still, such as a relatively high unemployment rate, public debt, fragile budget balancing and a lack of innovation," indicated Zhao.
According to official figures, spending for retirement pensions in France has represented 14 percent of its Gross Domestic Product (GDP), above that of all other European countries. If the government does not take measures, the potential deficit from pensions should reach 17 billion euros by 2025.
Mu Gengyuan, a researcher at the China Institute of International Studies, told Xinhua that "the elevated spending for social security has provoked enormous budget deficits and represents financial unsustainability, which explains the absolute necessity for the retirement reforms."
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