Julien Holtzer 9:42 a.m., January 24, 2022

Guest of Sonia Mabrouk on Europe 1, François Villeroy de Galhau returned to the pension reform.

The Governor of the Banque de France considers that it is absolutely essential.

To achieve this, he recommends an addition of talents, in the long term, rather than an opposition.

Pension reform is a vast subject that concerns all economic players in this country.

Constantly postponed because of the Covid-19 epidemic, it will probably not take place before the start of the next five-year term despite the regrets that this causes in the president's close guard. 

Guest of Europe Matin, François Villeroy de Galhau returned to this reform, which he considers essential to instill a new economic dynamic.

But the key to making it work, he says, is that it must involve all assets in the country.

"Everyone knows that it is essential", he declared at the microphone of Sonia Mabrouk before adding: "There are different ways of carrying out pension reform. But companies will have to do a better place for seniors. I insist on this effort. It is also in their interest to be able to grow more. We cannot live forever with this brake on French growth in recruitment".

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behind Germany

By way of comparison with its neighbours, France is lagging behind.

To remedy this, François Villeroy de Galhau recommends an addition of talents rather than an opposition.

“With Germany, for example, we have a big gap in what is called the employment rate, i.e. the proportion of the adult population that actually has a job. This gap compared to the "Germany, it's about 3 million jobs that we miss and which are concentrated on young people on the one hand and seniors on the other. France, even if it has made progress, is lagging behind skills," he concluded.

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