François Bayrou will present an austerity budget aimed at reducing France's growing deficit, including a proposal to cancel two public holidays. This move, projected to save €2.4 billion yearly, has not disclosed which holidays might be affected. France has 11 official public holidays, with two additional ones in Alsace Lorraine due to historical reasons. The cancellation idea was previously considered and rejected. Bayrou is set to outline a plan to save €40 billion, leading to parliamentary debates with potential for political instability if a no-confidence motion is raised.
Cancelling one public holiday is projected to generate €2.4 billion a year, significantly aiding in addressing France's ballooning deficit, according to a Senate report.
Prime Minister François Bayrou is expected to announce the cancellation of two public holidays as part of an austerity budget to control public spending.
France currently observes 11 public holidays annually, including notable ones like July 14th and VE Day, alongside additional holidays in Alsace Lorraine.
The most recent public holiday cancellation occurred in 2005, when Pentecost was removed as an official holiday, which has since caused confusion about its status.
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