France cost of living bill: Parliament to address minimum wage, fuel and food prices • FRANCE 24

In This Story: Emmanuel Macron

Emmanuel Jean-Michel Frédéric Macron is a French politician who has been President of France and ex officio Co-Prince of Andorra since 14 May 2017. In the legislative elections a month later, Macron’s party, renamed “La République En Marche!” (LREM), secured a majority in the National Assembly. At the age of 39, Macron became the youngest president in French history.

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In This Story: France

France is a republic and the largest Western European nation. Through expansion and colonisation in the 17th and 18th centuries France became a great power and still retains territories around the world. It has a seat on the UN security council and is the world’s fourth most wealthy country with a high standard of living and strong cultural identity.

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In This Story: Inflation

In economics, inflation refers to a general progressive increase in prices of goods and services in an economy. When the general price level rises, each unit of currency buys fewer goods and services; consequently, inflation corresponds to a reduction in the purchasing power of money.

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In This Story: Minimum wage

Minimum wage is the concept, in some jurisdictions enshrined in law, that employees should earn a minimum amount per hour worked.

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