Paris goes scorched earth: pensions frozen, holidays canceled, elites taxed in €43.8B austerity blitz

FRANCE TO FREEZE PENSIONS, CUT HOLIDAYS IN MASSIVE DEBT CRACKDOWN Paris just dropped a €43.8B austerity hammer – and no one’s walking away untouched. Pensions? Frozen. Public jobs? Cut. Healthcare? Trimmed. 2 national holidays? Gone. A new tax targets top earners, and tax fraud squads are getting beefed up. France’s …

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France proposes cutting Easter Monday and May 8 holidays to close €43.8B budget gap. Pensions frozen. Deficit still at 5.4%.

France’s government is running out of options. On July 15, Prime Minister François Bayrou proposed eliminating two national public holidays to help close a €43.8 billion budget gap in the 2026 fiscal plan. The move is part of a broader austerity package aimed at reducing the deficit from 5.4% of …

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