Melenchon pledges higher minimum wage and retirement at 60 ahead of 2027 vote
France's hard-left candidate Jean-Luc Melenchon will unveil his 2027 programme with a wage rise, reversal of pension reform and a NATO exit, Reuters reports.
- published on Newsmetry
- original source published
the same feed is available to bots and dashboards through the api. connect the api →
what happened
Jean-Luc Melenchon, the hard-left French presidential hopeful, will present his 2027 election programme on Saturday, promising a higher minimum wage and a return to retirement at 60, Reuters reports. Recent polls suggest he could reach the runoff against Marine Le Pen but would likely lose it.
The platform also proposes scrapping Emmanuel Macron's pension reform, abolishing the flat tax on capital income, raising taxes on the richest households and capping prices of essential foods. It backs a gradual phase-out of nuclear power and a French exit from NATO's integrated military command, and it calls for a stronger state role in the economy.
why it matters
For markets, the key issues are public finances and tax policy. Higher spending and the reversal of reforms could revive investor concerns about French debt, while the NATO exit and interventionist plans add to political uncertainty.
market impact
French government bonds and the euro: the programme raises fiscal risk and political uncertainty
tags
instruments
sources
- French presidential hopeful Melenchon pledges minimum wage rise, retirement at 60 — Reuters, 7 November 2026 at 12:54 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
alerts on your topics, the morning digest and the api — in your account.
get stories in real time ↗