FRANCE-STRIKE

OCTOBER 26 2007 09:21h

French Strike Cost Paris Region 150 Mln Euros

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The transport and energy workers unions have threatened more strikes unless the government withdraws the proposed reform.

Last week's strike by transport and power workers cost businesses and workers in the Paris region 150 million euros, according to an internal report by the French economy ministry quoted in a newspaper on Friday.

The Oct. 18 strike, over President Nicolas Sarkozy's planned reform of generous pensions that are given to a minority of public sector workers, caused widespread disruption to the region's transport system. Companies whose employees struggled to get to work lost about 79 million euros as a result of the strike, the Figaro newspaper said, quoting the report.

A further 40 million euros was lost by workers who were stuck in traffic, while those who failed to make it to work at all lost 30 million euros.

The rest was made up of extra transport costs and the cost to public funds.

The report estimated total losses equivalent to 0.03 percent of the region's gross domestic product, which makes up one-third of French GDP.

The transport and energy workers unions, whose leaders are due to meet on Oct. 31, have threatened more strikes unless the government withdraws the proposed reform.

If they do decide to hold another day of action it may coincide with a Nov. 20 strike by civil servants protesting at government plans to leave nearly 23,000 public sector jobs unfilled next year.

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