France to scrap disputed youth job contract
PARIS (Reuters) - France will scrap a planned youth job contract that has provoked weeks of protests and a political crisis, President Jacques Chirac said on Monday.
Prime Minister Dominique de Villepin, who has championed the job law and seen his poll ratings plunge as a result, said in a televised statement he regretted that events had shown the contract could not be applied.
He did not spell out the implications for his own political future, put at risk as a result of his handling of the dispute.
"The president of the republic has decided to replace article 8 of the equal opportunities law with measures to help disadvantaged young people find work," said a statement from the presidency.
One student leader said the First Job Contract (CPE) was effectively dead.
The new measures in the law would address the problem of youth unemployment of 22 percent, quell the protests and also find a way of saving face for Villepin, commentators said.
Details of the measures were expected later in the day and new legislation could enter parliament as early as this week.
Man, the frogs can't seem to show a backbone when it comes to anything. Overall though, I have to say I'm happy with the way things turned out, but that's of course colored by my loathing for the french. If they're hellbent on commiting slow suicide, who am I or any other rational person to stand in their way. Instead, we should all be cheering them on as far as I'm concerned. I look foward to the day when the entire country economically collapses and all the millions of froggy leeches all starve to death.