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HomeBusinessFrance/Public holidays -Government targets EUR4.2 billion in savings - Press

France/Public holidays -Government targets EUR4.2 billion in savings – Press

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France/public holidays -government targets eur4.2:

PARIS (Reuters) – The French government aims at a yield of 4.2 billion euros from 2026 for the state budget with the two -holiday abolition project. Consequently, leaves to trade union organizations until the end of September to reach a possible agreement on the subject, reports the daily Les Echos on Sunday. In addition,

The French daily newspaper specifies on its website that the government sent on Friday at the same time as the letter of unemployment insurance an orientation document concerning the deletion of two holidays to the three employers’ organizations – MEDEF. Furthermore, CPME and U2P – as well as to five confederations – CFDT, CGT, FO, CF -CGC and CFTC.

This document specifies the terms of the reform presented last month by Prime Minister François Bayrou. who wishes to delete Easter Monday and May 8 in order to france/public holidays -government targets eur4.2 give priority to work. The document asks the social partners to inform the Prime Minister’s services “by September 1” if they wish to initiate negotiations on the subject. which must in this case be concluded “no later than September 30”.

According to Les Echos. the document leaves “room for maneuver” to companies and the choice of public holidays, but insists that “the yield of this measure should be for the private sector of 4.2 billion euros from 2026 for the state budget”.

The Prime Minister’s letter. according to Les Echos, stresses that “French assets, like their European neighbors, work less than American assets”.

“Full-time employees in France work 1,673 hours per year, against 1,790 hours in Germany,” it also indicated.

Contacted by Reuters for a comment, Matignon did not respond immediately.

In a joint statement. union organizations say “deeply regret this precipitation from the government” and warn that “we france/public holidays -government targets eur4.2 are at a social and democratic turning point”.

“Union organizations (…) will meet on September 1 to examine together the means to react to counter this new access to brutality towards society. the world of work,” it is written in their joint press release.

(Written by Claude Chendjou, with the contribution of Forrest Crellin)

France/public holidays -government targets eur4.2

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