US EditionFrench 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.
136 Articles
136 Articles
France's PM wants to scrap two public holidays to help fix government finances
French Prime Minister Francois Bayrou proposed scrapping two public holidays and freezing most public spending as part of a 43.8 billion euro ($50.88 billion) budget squeeze he outlined on Tuesday.
France's Prime Minister François Bayrou warns of a sovereign debt crisis like in Greece. Politically, however, the savings could be difficult
Among other things, François Bayrou plans to abolish two public holidays and a contribution from the most wealthy.
Budget 2026: François Bayrou is taking far-reaching measures to save around 44 billion euros. The Prime Minister wants to reduce France's enormous national debt to…
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