Saudi investment projects in Île-de-France and pension reform proposals

Saudi Arabia will create three new amusement parks in Île-de-France, creating 22,000 direct jobs

The upcoming arrival in the west of Paris of a leisure complex will be financed by Saudi funds. The project, which represents “six billion euros” of investments, must be on the scale of the giant Disneyland Paris.

Pensions: François Hollande proposes setting the starting age at 63 and a gradual extension of the contribution period

To finance a reduction in social security contributions, the former president proposes “a contribution which would affect part of large inheritances” and an increase in the normal VAT rate, which would gradually increase from 20% to 24%.