France: Minimum wage raised by 2% in November

The minimum wage in France increased by 2% on 1st November 2024, raising the hourly gross rate to €11.88 from €11.65. This adjustment, part of France’s inflation-linked automatic wage revaluation system, ensures wages reflect rising living costs.

Since 1st November, full-time minimum wage earners in France have seen their monthly salaries rise by 2%. For a standard 35-hour work week, the gross monthly salary now stands at €1,801.80, equating to €1,426.30 net after taxes—an increase of €27.61 compared to the previous rate.

This revaluation affects over 17% of workers in France, demonstrating the importance of the salaire minimum interprofessionnel de croissance (SMIC) in maintaining wage equality and protecting purchasing power amid inflation.

The minimum wage has been increased eight times since 2021, including four mid-year revaluations triggered by high inflation. However, the French government has not implemented discretionary increases beyond the automatic mechanism since 2012.

The proportion of French workers on minimum wage has risen sharply in recent years. As of 1st January 2023, 17.3% of employees earned the SMIC, up from 14.5% in 2022 and 12% in 2021.

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Photo credit: Jessie McCall, Unsplash

F1: Leclerc’s Qatar points haul puts him within reach of second in Drivers’ Championship

Ferrari driver Charles Leclerc delivered a strong and consistent performance at the Qatar Grand Prix over the weekend, moving from fifth on the start grid to P2 to take his 12th podium finish of the season. Leclerc is now just eight points behind Lando Norris in the fight for second in the Drivers’ Championship.  

Leclerc’s second-place finish in Qatar on 1st December ensures the fight for runner-up in the Drivers’ Championship remains alive heading into the final race of the season, scheduled for 8th December in Abu Dhabi. The Monegasque driver trails his rival for the position, McLaren’s Lando Norris, by only eight points after collecting 18 points at the Lusail International Circuit in Doha.

For much of the race, Norris was ahead of Leclerc, but a costly 10-second stop-and-go penalty for failing to slow under a yellow flag derailed his race. Norris finished in P10.

Leclerc, meanwhile, enjoyed a relatively calm race, avoiding much of the drama on the track. His teammate, Carlos Sainz, suffered a puncture from debris on Lap 35 – the same lap Norris incurred his penalty – but Leclerc capitalised on the safety car, pitting for fresh tyres and rejoining in third.

At that stage, Red Bull’s Max Verstappen, already crowned 2024 Champion with his fourth consecutive title, led the race. Norris fell to last place on Lap 45 after serving his penalty in the pits, allowing Leclerc to move up to P2, where he remained for the rest of the race. Sainz ultimately finished sixth.

“I’m happy with how the race went today, having made up some points on McLaren,” Leclerc said post-race. “We had some luck on my side and a bit less on Carlos’ with the puncture. We may have been able to finish second and third without that, which is a shame for the team, but overall, it was positive to be this competitive here.”

Leclerc’s P2 finish in Qatar puts him just eight points behind Norris in the battle for second place in the Drivers’ Championship. Photo source: Scuderia Ferrari Media Centre

The two Ferrari drivers collectively earned 26 points, bringing the team within 21 points of McLaren in the Constructors’ Championship. With just one race remaining, even a one-two finish in Abu Dhabi may not be enough for Ferrari to secure the title, but the team remains optimistic.

“Driving for such an iconic team as Ferrari, it would be amazing for us to finish the season by bringing the Constructors’ title back to Maranello,” added Leclerc. “It won’t be easy to score the points we need in a single weekend, but everything is still possible, and we will do absolutely everything to achieve it.”

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Photos source: Scuderia Ferrari Media Centre

Monaco to celebrate Mareterra inauguration with dazzling eco-friendly festivities

Monaco will mark the official inauguration of its first eco-district, Mareterra, on Wednesday 4th December with an evening of spectacular celebrations. Residents, visitors, and those involved in the project will witness a display of innovative entertainment that reflects Mareterra’s commitment to sustainability.

The highlight of the evening will be a carefully choreographed blend of concerts, drone shows, and fireworks displays, revealed the government on Monday. While the private event is reserved for the architects, artisans, and workers who contributed to this monumental project, the performances will be visible from across the Principality, allowing everyone to join in the spirit of celebration.

In a nod to Mareterra’s eco-conscious ethos, the fireworks have been sourced from Europe and designed without plastic, aluminum, or chlorine, using biodegradable materials. Dynamic positioning barges will ensure the displays remain far from protected marine zones, avoiding damage to the seabed. After the event, a specialized cleanup team will recover any waste for recycling or reconditioning, ensuring the festivities leave no trace.

Monaco’s new district will be officially inagurated during the day of 4th December by Prince Albert II and Princess Charlene. The evening serves as both a celebration of Mareterra’s completion and a showcase of Monaco’s commitment to balancing innovation with environmental responsibility.

Monaco Life is produced by real multi-media journalists writing original content. See more in our free newsletter, follow our Podcasts on Spotify, and check us out on Threads,  Facebook,  Instagram,  LinkedIn and Tik Tok.

See also: 

Mareterra: Monaco’s groundbreaking six-hectare waterfront district to be inaugurated on 4th December

Photo source: Monaco Government Communication Department

 

Football: “Unlucky” Monaco leapfrogged by Marseille after late defeat at the Vélodrome

Majecki rising highest in a crowded box to claim the ball in Monaco's defeat to Marseille at the Vélodrome

AS Monaco relinquished their second place standing in Ligue 1 to Sunday’s opponent, Marseille, after a late defeat at the Vélodrome (2-1).

“We deserved at least a draw,” said Adi Hütter after Monaco’s Champions League defeat to Benfica on Wednesday (2-3). His analysis for the defeat to OM was a copy-paste job. 

“We didn’t deserve this defeat. When I see the entire game, we deserved a point minimum. I didn’t see OM as the better team. If we are lucky, we could have won this match […] it is hard to accept this defeat,” said Hütter as Mason Greenwood’s late winner inflicted Monaco’s defeat in the space of just five days. 

It had started well for Monaco. Dismissing any notion that his side would follow the blueprint for success at the Vélodrome, set by Angers and more recently Auxerre, which consists of sitting deep and hitting in transition, Monaco pushed high and were proactive in trying to influence proceedings.

“The Volcano” erupts as OM react

In a game of few chances, the Principality club had two big ones before half-time, one of which was taken with aplomb by Aleksandr Golovin at the back post, That came from Monaco leaping on a Valentin Rongier error before moving the ball swiftly and vertically to find Golovin unmarked at the back post.

But those moments were too few and far between, even if Marseille struggled to create problems of their own. Having only won once at the Vélodrome all season, the fans were on the backs of the OM players at half-time, letting them know what they thought of a timid first-half display.

But the Vélodrome, colloquially known as “The Volcano” did erupt just after the break as a re-enthused Marseille took control of the game. Once again, it was an error that created the goal with Mohammed Salisu misreading the trajectory of the ball. He headed it straight to Neal Maupay, who in turn found Luis Henrique just yards out and with an open goal. It was an unmissable chance and miss it he did not.

Buoyed by their revival, Monaco had to weather a storm that did not yield any high-quality chances, despite the intense pressure and the intensity of Marseille press.

Monaco were attentive to opportunities to punish OM without ever forcing the issue, with Takumi Minamino notably finding the side-netting, but the game looked to be heading towards a draw – a result that, within the context of the match, would have suited both parties.

Marseille end dour home run with late goal

But there would be a late twist in the tale. Christian Mawissa was punished for a hand-ball inside his box with Mason Greenwood stepping up to dispatch past Radoslaw Majecki.

The late winner inflicts a cruel second defeat of the week for Monaco, which also sees Marseille leapfrog them into second place in Ligue 1, albeit only on goal difference.

“We cannot be happy with the result but we can be satisfied with the performance,” said Hütter. Bar the match against Angers, that applies to all of Monaco’s matches this season, even if the rewards for those performances have not been forthcoming.

Monaco part of a break-away group?

Hütter says that Monaco have to focus on “chasing [their] goals” and whilst he insists that, after just 13 matchdays, he is not looking at the table, it is clear that a top three is emerging; Lille, inconsistent and struggling to juggle European and domestic football, are now in fourth and three points adrift of the podium.

Monaco may find themselves at the back of that break-away pack, but their performance at the Vélodrome, described as the toughest away atmosphere in Ligue 1, suggests that they may not still be there come the end of the season, and given PSG’s dropped points this week, there is perhaps a fallibility that can yet be exploited. It is a cruel defeat for Monaco but certainly not one that will see the club’s ambitious objectives re-evaluated.

 

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Photo source: AS Monaco