France's Prime Minister Sebastien Lecornu on Tuesday backed the suspension of an unpopular 2023 pensions reform, in a key move to bolster his cabinet's survival and draw his country out of political crisis.

The eurozone's second-largest economy has been battling a deep political crisis since President Emmanuel Macron called snap elections last year that were intended to consolidate his power but instead resulted in a hung parliament and gains for the far right.

After parliament toppled his two predecessors over cost-cutting measures, Lecornu, the president's seventh premier since 2017, is battling to keep his cabinet alive long enough to pass a much-needed austerity budget by the end of the year.

One major sticking point for Lecornu was an unpopular 2023 pension reform that raised the r

See Full Page