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France to raise minimum wage after weeks-long ‘yellow vest’ protests

Click to play video: 'Macron offers concessions amid violent Paris protests' Macron offers concessions amid violent Paris protests
WATCH: French President Emmanuel Macron offered concessions in a bid to quell chaotic protests that have gripped Paris in recent weeks - but also condemned violence and vowed he would not make any U-turns – Dec 10, 2018

Facing exceptional protests, French President Emmanuel Macron is promising to speed up tax relief for struggling workers and to scrap a tax hike for retirees.

IN PHOTOS: ‘Yellow vest’ protests paralyze France, spill over into Belgium and the Netherlands

The actions were the pledges Macron made on Monday night in his first public comments since protests against his presidency devolved into rioting in the French capital.

The French leader reiterated earlier promises to raise the minimum wage and pledged to abolish taxes on overtime pay starting Jan. 1, several months before schedule.

He also said a tax hike pensioners faced would be scrapped.

WATCH: Barricades burn in central Bordeaux after ‘yellow vest’ protests 
Click to play video: 'Barricades burn in central Bordeaux after ‘yellow vest’ protests' Barricades burn in central Bordeaux after ‘yellow vest’ protests
Barricades burn in central Bordeaux after ‘yellow vest’ protests – Dec 8, 2018

READ MORE: Why France’s ‘yellow vest’ protesters are rioting in Paris and across the country

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All of the measures offered had been demanded by the yellow-vested protesters who have led four weeks of increasingly radicalized demonstrations against Macron’s presidency, seen as favouring the rich.

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