PARIS (AP) – France’s prime minister proposed on Tuesday the elimination of two public holidays from the country’s annual calendar – possibly Easter Monday and the day marking the Allied victory over the Nazis – to save money in next year’s budget.
France’s prime minister wants to cut 2 public holidays to save money for the indebted economy
PARIS (AP) – France’s prime minister proposed on Tuesday the elimination of two public holidays from the country’s annual calendar – possibly Easter Monday and the day marking the Allied victory over the Nazis – to save money in next year’s budget.
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.
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.