If you think Le Pen's Front National will end this party, I have some disappointing news for you. They seriously demand a lower retirement age. Yep, you read that right.
Can we please stop calling them "far-right"? Wouldn't national socialists be more appropriate?
Instead of implementing long-overdue reforms to its pension system and absurd state spending, France keeps demanding Eurobonds, again this week. If you think about that, Eurobonds would mean Germany financing lavish French pensions.
Look at the differences between the French and German pension systems. Do the French seriously expect Germans to work longer and receive much lower pensions to finance smiling French retirees?
The other option given France's lack of reforms is the ECB monetizing French debt, which would debase the euro and make all savers and future retirees in the eurozone poorer.