French PM Bayrou proposes slashing two public holidays to reduce national deficit
FRANCE, JUL 15 – The plan aims to cut €43.8 billion in spending, including scrapping two public holidays, to reduce France's deficit from 5.8% to under 4.6% in 2026, while boosting defense funds.
- 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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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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The government in Paris is preparing voters for the possibility of two public holidays being included in the 2026 budget. However, this will not happen without a fight. The opposition sees red.
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