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    French finance minister: strikes make no sense

    Michel Sapin, French Finance Minister urged employees to cease their wave of nationwide strokes because Thursday has brought upbeat indications of reviving growth and dropping unemployment.   

    French employees keep protesting against the French government’s hawkish plans to loosen labor market regulations. The given reform is expected to decrease the jobless rate from the current reading of 10%.

    According to the latest data, up to 159,000 jobs were created for the first three months of 2016. That’s more than in any quarter since 2008.  

    On the eve of the Euro 2016 soccer championship, French authorities were working overtime to come to a compromise on working conditions with the SNCF state rail company just to end a 9-day strike.

    Employees, especially those with the membership in CGT union, blockaded France's number one wholesale food market south of Paris. Besides this, on Saturday, Air France pilots considered a four-day stoppage, the day after the soccer contest starts. 

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