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French PM Bayrou proposes slashing two public holidays to reduce national deficit
FRANCE, JUL 15 – Prime Minister François Bayrou aims to reduce France’s deficit to 4.6% next year by cutting €43.8 billion, including scrapping two public holidays for economic savings.
- France’s Prime Minister Bayrou proposed eliminating two public holidays, possibly Easter Monday and Victory Day, to save money in the annual budget.
- Bayrou stated that this would generate tax revenues, contributing to around 44 billion euros in savings.
- He emphasized the 'addiction to public spending' and called it a 'critical juncture' for France.
- He questioned the religious significance of Easter Monday and criticized the number of public holidays in May as excessive.
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200 Articles
By proposing to abolish two public holidays in order to reduce the public deficit, François Bayrou wants to bring France back to work. Several jobs are affected by this measure, including teachers who, like their students, will have to return to school.
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This post was republished with permission from Remix News French Prime Minister François Bayrou has unveiled a comprehensive plan for sweeping financial reforms designed to tackle the nation’s burgeoning budget deficit. However, the National Rally’s Marine Le Pen is already threatening to topple the government after the details were announced. A key component of these reforms involves the elimination of two public holidays: Easter Monday and Vic…
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France mulls public holiday cuts to tackle deficit
French Prime Minister François Bayrou proposed axing two public holidays as part of €44 billion in cuts in order to bridge the country’s gaping budget deficit. Though the additional working days garnered attention abroad, playing into clichés about French labor culture, Bayrou also wants to freeze increases to benefits and pensions, raise taxes on the wealthy, and reduce health care subsidies — a combination described by Le Monde as “bitter poti…
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