France’s Prime Minister François Bayrou has proposed cutting two national holidays in a bid to tackle the country’s mounting debt. The proposal, which includes axing Easter Monday and 8 May (Victory in Europe) holidays, has sparked widespread criticism from both sides of the political spectrum. Despite protests from left-wing groups, populist right parties, and even some conservative allies, Bayrou believes that reducing two days of statutory leave could help boost productivity and reduce France’s €3.3 trillion debt.
While France is attached to its national holidays, which include 11 public breaks throughout the year, the country actually has fewer holidays than its European peers. The French average 18% higher productivity per worker compared to the UK, making any claims of laziness misplaced. This proposal is not new, as former Prime Minister Jean-Pierre Raffarin experimented with a similar idea in 2003 and earlier President Charles de Gaulle axed a national holiday in the 1950s.
Bayrou’s move has been criticized for its timing, but it highlights the dire economic situation facing France. With €5,000 added to the debt every second passing day, drastic measures may be necessary. The Prime Minister’s plan is unlikely to gain traction given his government’s minority status in parliament, but it shows Bayrou’s willingness to take unpopular stances and challenge conventional wisdom.
Source: https://www.bbc.com/news/articles/crrq8epk7vjo