Hollande: I’ll tear up EU fiscal pact

French Socialist flag-bearer Francois Hollande, the opposition candidate seen as favourite to unseat President Nicolas Sarkozy in May, said Monday he would renegotiate last week's EU fiscal pact.

Hollande: I'll tear up EU fiscal pact

Hollande said if elected he would seek to persuade his European partners to issue joint eurobonds to pool their sovereign debt, to allow greater European Central Bank intervention on bond markets and to agree stimulus measures.

All of these measures were explicitly opposed by European heavyweight Germany in the run-up to last week’s hard-fought deal, which serving EU leaders hope will stabilise the debt-ridden eurozone economy.

Hollande’s Socialists have accused France’s right-wing leader Sarkozy of capitulating to German pressure, while he has accused them of undermining French policy by talking down his deficit reduction plan.

Asked on RTL radio whether he felt bound by the deal Sarkozy signed last week, under which EU states will submit to tight mutually-enforced spending controls, Hollande told RTL radio: “We’ll see.”

The detail of the pact has yet to be agreed and EU leaders aim to agree the new plan by March, meaning it will largely fall to the winner of France’s two-round April and May election to enforce its end of the bargain.

“If I’m elected president I’ll renegotiate this deal to include what is missing today,” Hollande said, adding that he hoped France would not lose its top “Triple-A” debt rating between now and the poll.

“I’d see to it that we add … ECB intervention, eurobonds and a financial bail-out fund to respond to what is today the pressure of the markets, and, finally, what we need is growth,” Hollande argued.

Hollande said he would work with a new French parliament due to be elected in June to draw up a plan aiming to eliminate the budget deficit by 2017.

Sarkozy’s government has vowed to balance the books by 2013.

Sarkozy has begun to make up ground on his challenger, but all opinion poll organisations still predict a Hollande win in the second round of voting.

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Reader question: Why does secular France have Catholic holidays?

You might not have thought about it too much as you enjoyed an extra day off work, but it is perhaps unexpected that France - proudly secular since 1905 - has so many public holidays based around Catholic festivals.

Reader question: Why does secular France have Catholic holidays?

Reader question: Why does France have Catholic holidays like Ascension, Assumption and Toussaints? I thought it was supposed to be a secular republic?

The French Republic is very proud of its secular principles but yet as some readers observed, many public holidays are linked to Catholic celebrations, a reminder of its religious history.

Roughly half of the public holidays in France represent Catholic events: Easter, Ascension (May 26th), Assumption (August 15th), Pentecost (for some people), All Saints’ day (November 1st) and of course Christmas.

If you live in Alsace-Moselle (formerly Alsace-Lorraine) you get two extra holidays, both religious ones – Good Friday (the Friday before Easter) and St Stephen’s Day (December 26th) – more on why that is later.

France’s secular stance takes its roots in the Declaration of the Rights of Man and of the Citizen of 1789 but was formally codified into law in 1905. 

France does not recognise, pay or subsidise any religion. So French local and national governments are not allowed to finance churches, mosques, synagogues or temples, and religious symbolism is not allowed in State buildings or for representatives of the State.

It is these rules that mean that, for example, French primary schools don’t perform nativity plays at Christmas and French female police officers are not permitted to wear the Muslim headscarf while on duty.

EXPLAINED What does France’s secularism really mean?

The flip side of this is that freedom of worship is also protected in the 1905 law, and everyone is allowed to practice whatever religion they choose in their private life.

The only exception to the secular rules are the three departments of Alsace-Moselle. When the 1905 law was passed the region was part of Germany and only became French again at the end of World War I. As part of the compromise agreed, today bishops, priests, rabbis and pastors have the status of civil servants and the state pays for the maintenance of religious buildings. Religious education in public schools is also preserved.

So all that seems to pretty strongly suggest that Catholic festivals should play no part in France’s holiday calendar and only the secular events – such as the Fête nationale on July 14th or VE Day on May 8th – should remain.

However, by the time secularism was formally codified into law in 1905 there was already a fairly fixed calendar of holidays and festivals – although this had already been slimmed down under the Napoleonic government in 1802 – and suddenly axing popular festivals was likely to go down pretty badly with the population at large.

Essentially then, this was a pragmatic compromise between tradition and secularism and over the years politicians have been understandably reluctant to tell the French they must lose their holidays.

But it’s noticeable that all the religious festivals in the calendar are Christian ones, and while this may reflect France’s history it’s not so representative of the current demographics, where an estimated 10 percent of the population either practice the Muslim faith or have a Muslim family background.

So could we see a scenario when we knock Ascension on the head but make Eid a public holiday?

It’s theoretically possible – in 2015 the French parliament voted through an amendment that would allow the départments of France’s Overseas Territories (Martinique, Gaudeloupe, Mayotte, Réunion and French Guiana) to switch a Catholic bank holiday for another religious celebration to suit different faiths in the local population.

However none of the overseas départements has yet made that move. 

A fresh amendment would be required to make the same move in mainland France, and there appears to be little political appetite for that at present.

What are France’s public holidays? 

  • January 1st: New Year’s Day
  • Good Friday (the Friday before Easter Monday, only a holiday in Alsace-Lorraine)
  • Easter Monday (movable date)
  • May 1st: May Day
  • May 8th: VE Day
  • May 26th: Ascension Day
  • Pentecost (movable date and no longer an official holiday)
  • July 14th – Bastille Day
  • August 15th – Assumption
  • November 1st – All Saints
  • November 11th – Armistice Day
  • December 25th – Christmas
  • December 26th – St Stephen’s Day (only a holiday in Alsace-Lorraine)