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Are the French about to lose a public holiday to finance 'yellow vest' reforms?

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Are the French about to lose a public holiday to finance 'yellow vest' reforms?
Workers at a Peugeot factory in Mulhouse. Photo: AFP
10:37 CEST+02:00
President Emmanuel Macron is set to announce his long-awaited response to almost half a year of “yellow vest” street protests... but how will he finance them? Could the French be about to lose a public holiday?

The president spoke of the need to make the French “work more” in a speech he was due to make a week ago but which he postponed because of the fire at Notre-Dame cathedral in Paris.

He vowed to lower taxes for the working and middle classes in a measure he said he would pay for by cracking down on tax evasion, and promised a review in 2020 of his highly unpopular decision to cut a "fortune solidarity tax" on high earners.

It is not clear if he will stick to the original script of the speech when he finally outlines his reforms in a press conference due to be held on Thursday.

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Macron to (finally) reveal his reforms for France in crunch announcementPhoto: AFP

But it is highly likely that he will keep the tax cuts component, and this has sparked much speculation as to where he will get the money from to finance them.

One of the options is to make the French work a day extra a year by scrapping one of the country’s 11 official public holidays.

May 8th, the national holiday which marks the end of World War II in Europe, is the most likely to be sacrificed, according to an unnamed senior member of the parliamentary finance commission cited by Le Parisien newspaper.

The measure would be highly unpopular, with 54 percent of those interviewed for an IFOP poll published by the Journal du Dimanche saying they were against the plan, which would bring as much as three billion extra euros into state coffers.

France currently has 11 public holidays a year, with Britain in comparison having just eight.

Other options reportedly being considered by the government to finance its reforms include making people take their retirement later than at the statutory 62 years of age, or abandoning the 35-working week and making people work 39 hours a week.

But these options would also likely enrage many French, with one union already talking about strikes if they were to be passed.

The stakes are high for Macron, whose popularity ratings are stuck around 30 percent, a far cry from the heady days after the centrist president's inauguration almost two years ago when his approval rating was over 60 percent.

He already has his eye on 2022 presidential elections, all too aware that his two predecessors Nicolas Sarkozy and Francois Hollande only lasted for one term and failed to implement lasting change.

 
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Jayson - 23 Apr 2019 12:03
In the UK we have 8 bank holidays for England & Wales, but for Scotland there are 9 and for NI there are 10 days. The good thing being that for any holiday that falls on the weekend, the next working day is provided as a substitute holiday. In France (for 11 bank holidays days except for Alsace and Moselle), it does not work like that and for 2020 one ends up losing 2 bank holidays as they fall on a weekend. So if the same method is employed in France, then sacrificing one bank holiday might make sense for the populace. After all presently I believe, one leave day is annually contributed by the employees in companies in France to compensate for the Pentecost Monday holiday.
Intellectually Boggy - 23 Apr 2019 13:24
This is a great idea!

It will surely lead to Macron being ousted even sooner. LOL, what a tone-deaf politician.... This'll go over like a pregnant pole vaulter.
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