French President Emmanuel Macron estimated, on Wednesday, that the controversial retirement system reform would "be implemented by the end of the year," considering it "necessary," during a television interview on "TF1" and "France 2" channels, in the midst of escalating social anger.

"This reform is necessary, it does not make me happy," Macron said in the 35-minute interview.

"I am not seeking re-election...but between the short-term opinion polls about my popularity and the public interest of the country, I choose the public interest of the country," he added.

"If I have to put up with unpopularity, I will."

He explained that "there is no solution" except to work more. Macron's pension reform raises the retirement age from 62 to 64.

He hoped the reform would enter into force by the end of the year, "so that things get back on track."

Macron, who on Tuesday ruled out any possibility of a cabinet reshuffle, dissolving parliament, or holding a referendum on reforming the pension system, repeated the arguments made by his presidential camp since the government passed the draft amendment to the pension system without a vote in parliament.

He explained that Prime Minister Elizabeth Bourne "has my confidence to lead this government team," calling on her to "expand the majority."

On Wednesday, the French President denounced the indifference of some "major companies" that made unexpected large profits that allowed them to buy back their shares on the stock exchange, and called on them to make an "extraordinary contribution" so that "workers can benefit" from these funds.

He indicated that he intends to "ask the government to work on an exceptional contribution."