
French PM Francois Bayrou wants to cut public holidays to help economy — including one commemorating victory over Nazis
That's among a raft of spending cuts laid out by Prime Minister Francois Bayrou in a sweeping, and potentially doomed, budget plan.
He argued that removing two state holidays would bring in tax revenues generated from economic activity, contributing to around 44 billion euros ($51.3 billion) in overall savings.
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3 French Prime Minister Francois Bayrou proposed the elimination of two public holidays from the country's annual calendar to save money in next year's budget.
AFP via Getty Images
President Emmanuel Macron tasked Bayrou with crafting a budget that shaves costs to bring down France's staggering debt and deficit, while also adding billions in new defense spending to face what Macron says are resurgent threats from Russia and beyond.
Bayrou questioned the religious importance of Easter Monday. And Victory Day, celebrated on May 8, comes in a month that has become a 'veritable Gruyere,' or holey cheese, of days off that includes May Day and the Catholic holiday of Ascension, he said.
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He said that those holidays were just suggestions, and that he was open to other ideas. France currently has 11 official holidays per year.
With no parliamentary majority, Macron's centrist grouping must win support from adversaries on the left and right to pass the budget this fall.
3 President Emmanuel Macron tasked Bayrou with crafting a budget that shaves costs to bring down France's staggering debt and deficit, according to reports.
REUTERS
3 Bayrou argued that removing two state holidays would bring in tax revenues generated from economic activity, contributing to around 44 billion euros ($51.3 billion) in overall savings.
REUTERS
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Bayrou's proposals, which are just a first step in the budget process, were quickly assailed by unions and the far-right National Rally, the largest single party in the lower house of Parliament.
Bayrou's job is precarious, and he could be voted out if he fails to reach a compromise on the budget.
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