US EditionFrance: Bayrou Declares War on the Working Class
FRANCE, JUL 20 – Bayrou's budget plan targets 43.8 billion euros in savings by 2026, including a 3.5 billion euro increase in defense spending to reduce France's deficit-to-GDP ratio.
- During a speech this past Tuesday, the prime minister appealed to France's hung parliament from the rostrum labeled `The moment of truth` to adopt spending cuts and revenue increases.
- Aiming for €40 billion in net savings, Bayrou is holding consultations with social partners on unemployment insurance and labor law reforms.
- Bayrou’s plan cuts €28 billion in public expenditure, adds a €3.5 billion defense increase at Macron’s request and expects nearly €16 billion from revenue measures.
- When it comes up for debate this fall, the budget could decide Bayrou’s premiership, with opposition leaders threatening censure and 59 percent of the public wanting a new prime minister, IPSOS poll published on July 18.
- Despite mounting resistance, Bayrou emphasized he was open to discussion with the parliamentary opposition, while labour movement leaders are poised to mobilize renewable strikes in the coming months.
18 Articles
18 Articles
The French Federation of Trade Unions (FO) strongly responds to the cuts in the social system planned by the government in Paris. A general strike is not excluded.
Is the Prime Minister suspended? Will he stand in the face of a possible motion of censure this fall? In any case, his plan of economies, presented just a week ago, which, for example, provides for the abolition of two holidays, is very far from unanimous. My question is whether the Prime Minister will be able to...
The Prime Minister gives himself 60 days to fine-tune his draft budget 2026 including €43.8 billion in debt reduction. Sixty days during which he will have to cement his "common base" and prepare his concessions to the PS, or even the RN, in order to avoid censorship and social mobilization. What will he let go?
France: Bayrou declares war on the working class
The measures recently announced by François Bayrou constitute a reactionary offensive on a massive scale: the abolition of two public holidays, a ‘blank year’ (freezing pensions, social benefits, etc.), the elimination of thousands of civil service jobs, cuts to local authority funding, a €5 billion cut to public health spending – and so on, for an estimated total saving of €43.8 billion.
Current values. François Bayrou unveils his budget copy... What ways to dig first would it have been necessary to put on the table to realize immediately 40 billion euros in savings?Marc Touati. Focusing only on these savings of 40 billion euros obviously did not make sense.
Reform of unemployment, tax rate, less reimbursement of medicines... Bayrou's bitter recipe for the detailed 2026 budget.
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