
Bayrou’s Budget Shake‑Up: Two Holidays Axed, Broad Cuts to Balance the Books
In a candid address on July 15, 2025, France’s Prime Minister François Bayrou laid out his ambitious vision for the 2026 budget—a €43.8 billion austerity plan to combat a ballooning deficit of 5.8% of GDP. At its core: scrapping two public holidays (most likely Easter Monday and May 8, Victory Day), a move intended to boost annual…