deficit - Garner Ted Armstrong Evangelistic Association https://www.garnertedarmstrong.org Let No Man Take Your Crown Tue, 15 Jul 2025 22:09:05 +0000 en-US hourly 1 https://www.garnertedarmstrong.org/wp-content/uploads/2024/05/cropped-Screen-Shot-2024-05-16-at-1.06.13-PM-32x32.png deficit - Garner Ted Armstrong Evangelistic Association https://www.garnertedarmstrong.org 32 32 French PM Bayrou proposes slashing two public holidays to reduce national deficit https://www.garnertedarmstrong.org/french-pm-bayrou-proposes-slashing-two-public-holidays-to-reduce-national-deficit/?utm_source=rss&utm_medium=rss&utm_campaign=french-pm-bayrou-proposes-slashing-two-public-holidays-to-reduce-national-deficit Tue, 15 Jul 2025 22:09:05 +0000 https://www.garnertedarmstrong.org/?p=47814 France’s public deficit hit 5.8% of GDP in 2024, totalling €168.6 billion, a figure well above the maximum allowed by EU rules. France’s Prime Minister François Bayrou has outlined plans to cut €43.8 billion from the national budget, warning that … Read More

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]]> France’s public deficit hit 5.8% of GDP in 2024, totalling €168.6 billion, a figure well above the maximum allowed by EU rules.

France’s Prime Minister François Bayrou has outlined plans to cut €43.8 billion from the national budget, warning that debt presents a “mortal danger” for the country.

The cuts involve reducing the number of people employed in the civil service and a so-called “solidarity contribution” for “the wealthiest”, as well as scrapping tax breaks for business expenses for pensioners.

He also proposed getting rid of two public holidays, citing Easter Monday and 8 May as possible contenders to be scrapped.

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Source: https://www.euronews.com/my-europe/2025/07/15/french-pm-bayrou-proposes-slashing-two-public-holidays-to-reduce-national-deficit

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