Macron pledges minimum wage rise, tax cuts on pensions, overtime

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In an attempt to defuse growing social unrest, French President Emmanuel Macron announced in a televised address on monday a 100-euro rise of the minimum monthly wage, the removal of a tax on pensions below 2,000 euros per month, the ending of taxation on overtime payments and encouraged employers to offer a tax-free end-of-year bonus to employees.

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France's President Emmanuel Macron has promised a minimum wage rise and tax concessions in response to weeks of violent protests, reports BBC News.