Francois Bayrou suggested eliminating two public holidays, Easter Monday and 8 May, to increase economic output, sparking outrage from both the left and the right in France. Political figures like Jean-Luc Melenchon and Olivier Faure condemned the proposals as harmful to the French model. Bayrou's measures include a standstill on public sector pay and benefits to reduce the deficit while raising taxes for better-off pensioners. These proposals aim to cut the deficit to 4.6% of economic output by next year, amid an increase in defence spending.
Francois Bayrou suggested the French should give up two public holidays to increase economic output, provoking outrage from the political left and right.
Jean-Luc Melenchon accused Bayrou of leading the country towards an economic, financial, and social abyss with his proposals.
The proposed standstill in public sector pay and benefits would entail modest erosion of living standards, coupled with a slightly increased tax take.
Measures are aimed at reducing the deficit by 43.8 billion to 4.6% of economic output by next year, with increased defence spending.
Collection
[
|
...
]