Could axing two national holidays save France from its mountain of debt?

Amid Economic Doldrums, Macron Takes Aim at Worker Benefits

French President Emmanuel Macron has faced growing criticism over a proposed budget that aims to save the country millions by abolishing two public holidays.

While the nation grapples with debt, this proposition seeks to reduce labor expenditures by around €200 million annually. The government hopes this will stimulate the economy and reduce unemployment, thus improving social welfare.

The Impact on French Society

On the other hand, critics argue that this move undermines the well-protected worker benefits that have underpinned French society for decades. They suggest that eroding these foundational principles could backfire and lead to widespread social unrest. The French trade union federation, CFDT, has already voiced its opposition, stating that "the least privileged workers will bear the brunt" of this decision.

The Holiday Ax

The proposal is still in its early stages, and the government hopes to implement the changes by summer 2023, pending public consultation. The exact holidays under consideration remain undisclosed, although experts have speculated that they will be chosen from among the following: Labour Day, May Day, Victory in Europe Day, or National Day.