French PM proposes scrapping national holidays and freezing spending to cut deficit

French Prime Minister François Bayrou has proposed a €44bn fiscal package for 2026, including a spending freeze, the elimination of two national holidays, and cuts to pensions and welfare to address France’s rising deficit. Facing opposition and a potential no-confidence vote, Bayrou warns of a looming debt crisis, insisting that significant reforms are necessary for fiscal stability.

Explain It To Me Like I’m 5: French Prime Minister François Bayrou wants to save money for the country by freezing spending and removing two holidays, but this plan could make some people unhappy and might get him in trouble with other politicians.

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