France’s prime minister proposed on Tuesday the elimination of two public holidays from the country’s annual calendar — possibly Easter Monday and the day marking the Allied victory over the Nazis — to save money in next year’s budget. That’s among a raft of spending cuts laid out by Prime Minister Francois Bayrou in a sweeping, and potentially doomed, budget plan. He argued that removing two state holidays would bring in tax revenues generated from economic activity, contributing to around 44 billion euros ($51.3 billion) in overall savings. For in-depth analysis and a deeper perspective, FRANCE 24’s François Picard welcomes our Politics Editor Marc Perelman and Théo Iberrakene, International Economist, specialising in G20 Policy, and Lecturer in Economic Policy at Sciences Po.
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Great wealth transfer: Inheritance unequally distributed'
