T4K3.news
French PM seeks to eliminate two holidays for budget cuts
François Bayrou proposes scrapping Easter Monday and 8 May in a controversial budget plan.

French PM François Bayrou proposes budget cuts that include scrapping two public holidays.
French PM aims to cut two public holidays to reduce national debt
French Prime Minister François Bayrou has announced a bold plan to eliminate two public holidays, Easter Monday and 8 May, to address national debt concerns in his 2026 budget proposal. Bayrou faces a critical parliamentary vote this autumn, where he may encounter strong opposition. He emphasized the pressing financial situation, stating that France incurs debt at a rate of €5,000 every second. The proposal aims to reduce the budget deficit from 5.8% to below 4.6% by next year. However, Bayrou's plan has drawn backlash from various political parties, highlighting the potential for a government crisis similar to that which occurred previously with Michel Barnier's administration.
Key Takeaways
"We want to change things to restore public finances despite the risk."
Bayrou emphasizes his commitment to fiscal reform amid challenges.
"If we want to stay on course, we need to find more than €40bn."
Bayrou highlights the necessity of substantial budget cuts.
"The day commemorating victory against Nazism will no longer be a holiday."
Critics express concern over the significance of 8 May being cut.
Bayrou's proposal reflects a growing urgency within the French government to rein in mounting debt. By targeting public holidays, he aims to present strong fiscal responsibility, but he risks alienating voters who value these commemorative days. The backlash indicates a wider sentiment of distrust towards the current leadership, particularly with Bayrou's low approval ratings. Should his government collapse due to political pushback, it could lead to further instability within France's governance structure.
Highlights
- Cutting public holidays may impact the soul of a nation.
- National debt grows by €5,000 every second, Bayrou warns.
- Political backlash clouds Bayrou's budget plan ahead of vote.
- Will eliminating holidays save France from financial ruin?
Potential political backlash from Bayrou's budget plan
Bayrou's proposal to cut public holidays is already facing strong opposition, which threatens his government's stability.
The outcome of this proposal may define Bayrou's leadership and future of French politics.
Enjoyed this? Let your friends know!
Related News

French PM proposes cutting public holidays

France proposes cutting public holidays

Spain offers substantial funding for Thirty Meter Telescope

Supreme Court overturns convictions of two City traders

Tesla reveals a more affordable Model Y

New family outing discounts available this summer

COVID-19 cases increase in California

Phoebe Kay gains fame as an influencer and student
