-
French teens clash with police as school blockades intensify
-
Slovenia sees surge in '.si' sites after Trump hypes 'super intelligence'
-
FIFA accuses UEFA of 'misinformation campaign' in bid for World Cup papers
-
'Like a dream' for An as Games organisers 'sorry' for latest mix-up
-
Myanmar airstrike toll hits 50 as families gather dead
-
Tokyo suffers longest streak of rainy days on record
-
STARTRADER Raises Lloyd's of London Client Fund Insurance to USD 30 Million in Aggregate
-
Indonesia charges train driver over crash that killed 16 women
-
North Korean DMZ landmine blasts 'violation of armistice': Seoul
-
Ruthless An makes history to retain Asian Games badminton crown
-
Sabalenka 'fresh' for first tournament since losing No.1 spot
-
Australian central bank lifts key interest rate to 15-year high
-
Myanmar airstrike death toll rises to 50: aid workers
-
Polo makes landfall in Mexico as Category 3 hurricane
-
North Korean DMZ landmine blast 'violation of armistice'
-
South Korea team latest to be bussed to wrong Asian Games venue
-
South Korea volleyball team latest to be bussed to wrong Games venue
-
Bears thrash Eagles 27-7 as third-string QB Keenum shines
-
Malaysia starts sending Myanmar migrants home
-
All Blacks name veteran Taylor captain as Mo'unga seizes 10 jersey
-
8.3 mn refugees at risk due to 'severe' funding cuts: UN
-
Race against time as Asian Games cricket quarter-finals washed out
-
Stocks drop and oil rises as Hormuz hopes fade
-
India turns to corals and seagrass to shield against rising seas
-
OpenAI cancels release of newest model due to safety concerns
-
Manchester City's Premier League charges: What comes next?
-
AI bosses head to White House as safety pressure builds
-
Brazil's cellphone crime: a security nightmare in every pocket
-
Batista sacked as Costa Rica coach after six months
-
Russia pummels Kyiv in latest deadly attack
-
Flooding, power cuts and evacuations as Hurricane Polo slams Mexico
-
fiskaltrust launches e-invoicing across Europe
-
NFL Giants obtain QB McCarthy from Vikings
-
Dodgers eye three-peat, Red Sox face Yankees as MLB playoffs begin
-
Deal for evicted Spanish pensioner as PM seeks new housing law
-
Certification of Boeing 737 MAX delayed by software bug
-
Clippers apologize, warn fans of 'challenges' after Leonard scandal
-
Celine Dion wows Paris Fashion Week with surprise gig
-
Turkish comedian convicted for Erdogan 'insult' freed pending appeal
-
AMD buys firm founded by AI 'godmother' Fei-Fei Li
-
Trump announces 'biggest' US steel plant in battleground Iowa
-
Italy rebound in Turkey as France win late in Belgium
-
Olise wonder strike gives Zidane's France win in Belgium
-
Pope says concerns about AI 'should be taken seriously'
-
US stocks fall, bond yields rise as Middle East war drags on
-
Hurricanes to hoist title banner as NHL season begins
-
Trump denies offering to sell arms to China's Xi
-
Justice Alito steps aside from major US climate case
-
Wemby ready for NBA Spurs to move rivals in climb to top
-
Willis happy with England exile after retains Top 14 player award
French PM proposes cutting national holidays to cut debt
Prime Minister Francois Bayrou said Tuesday he wanted to reduce the number of public holidays in France as part of a bid to tackle what he called the "curse" of his country's debt.
Presenting 2026 budget proposals, Bayrou said two out of France's 11 national holidays could go, suggesting Easter Monday and May 8, a day that commemorates the end of World War II in Europe.
Such a measure would bring France into line with Germany's nine national holidays -- although federal states can add their own -- and take it well below Italy's 12 days.
After years of overspending, France is on notice to control its public deficit and cut its sprawling debt, as required under EU rules.
Bayrou said France had to borrow each month to pay pensions and the salaries of civil servants, a state of affairs he called "a curse with no way out".
Losing two public holidays, meanwhile, would add "several billions of euros" to the state's coffers, Bayrou said.
But the proposed measure sparked an immediate protest from Jordan Bardella, leader of the far-right National Rally.
- Holiday protests -
He said abolishing two holidays, "especially ones as filled with meaning as Easter Monday and May 8 is a direct attack on our history, our roots and on labour in France".
The party's parliamentary leader, Marine Le Pen, warned that "if Francois Bayrou does not revise his plan, we will vote for a no-confidence motion".
Leftist firebrand Jean-Luc Melenchon of the France Unbowed party called for Bayrou's resignation, saying "these injustices cannot be tolerated any longer".
His party colleague Mathilde Panot accused Bayrou of starting "a social war".
Bayrou had said previously that France's budgetary position needed to be improved by 40 billion euros ($46.5 billion) next year.
But this figure has risen after President Emmanuel Macron said at the weekend he wanted 3.5 billion euros of extra military spending next year because of rising international tensions. France has a defence budget of 50.5 billion euros for 2025.
Bayrou said the budget deficit would be cut to 4.6 percent next year, from an estimated 5.4 percent this year, and would fall below the three percent required by EU rules by 2029.
To achieve this, other measures would include a general freeze on spending increases -- including on pensions and health -- except for debt servicing and the defence sector, Bayrou said.
"We have become addicted to public spending," Bayrou said. "We are at a critical juncture in our history".
- Remember Greece -
The prime minister even held up Greece as a cautionary tale, an EU member whose spiralling debt and deficits pushed it to the brink of dropping out of the eurozone after the 2008 financial crisis.
"We must never forget the story of Greece," he said.
France's debt stands at 114 percent of GDP -- compared to 60 percent allowed under EU rules -- the biggest debt mountain in the EU after Greece and Italy.
The government hopes to cut the number of civil servants by 3,000 next year, and close down "unproductive agencies working on behalf of the state", the premier said.
Bayrou said wealthy residents would be made to contribute to the financial effort.
"The nation's effort must be equitable," Bayrou said. "We will ask little of those who have little, and more of those who have more."
burs-jh/tw/gv
I.Stoeckli--VB