The French Government will make an adjustment of EUR 43.8 billion in the 2026 budget
Prime Minister Bayrou has announced notable measures such as freezing pensions, reducing public employment and social and health spending, and reducing holidays.
French Prime Minister François Bayrou announced on Tuesday a four-year plan to adjust state budgets with the aim of reducing spending and increasing revenue.
To this end, it has highlighted measures such as the freezing of pensions, the reduction of public employment or the reduction of social and health expenditure.
The French Prime Minister has made a special speech to the Head of Government and Parliament announcing the plan.
With regard to income, it has announced that it will implement a 'solidarity contribution' for the people with the highest incomes, and has announced that it will strengthen the fight against tax fraud, adding that a special effort will be made to recover the money lost from these frauds.
Another striking measure is the suppression of two holidays. They currently have 11 holidays in France and among those with options for withdrawal, he said, are Easter Monday and May 8. "We need to increase our national production. We don't produce enough, "he says.
The Prime Minister has stressed that the rapid increase in public debt must be addressed. In fact, following the current pace, debt repayment would reach EUR 100 billion by 2029, making it the biggest part of the budget.
French public debt closed the first half of this year at €3.3458 billion, representing 114% of the state's GDP.
Bayrou has ensured that this debt increases at a rate of EUR 5 000 per second, an increase of EUR 150 billion per year. This situation is, in Bayrou's view, "unbearable."
More international news
A major fire has destroyed the historic infrastructure of the Grand Canyon of Colorado
A forest fire has destroyed a historic shelter in the Grand Canyon in 1928 and some 80 infrastructure in Arizona. Governor Katie Hobbs has called for an investigation into control of the disaster by the U.S. federal government.
Islandian sumendi bat erupzioan sartu da hamabigarren aldiz azken bost urteetan
Erupzioa Sundhnukeko kraterrean eman da, Grindaviketik iparraldera eta Islandiako hiriburu Reykjaviketik eta Aintzira Urdin ospetsutik gertu. 700 eta 1.000 metro bitarteko luzera duen pitzadura bolkanikoa da, laba eta errauts bolkanikoa kanporatzen hasi da eta iparralderantz hedatzen ari da.
Israel has bombed the vicinity of the military barracks in Damascus
This is the second attack of the day in the same location, while fighting continues in southern Syria. One of the attacks has hit the building fully, according to the first data.
Israeli attacks on Gaza have killed more than 100 people since Monday
As for the wounded, in the last 24 hours more than 200 have reached the few hospitals in the Strip that are still operational, as there is not a single one open in the north.
Putin's alternatives to US warning
Vladimir Putin will face the deadline set by Donald Trump to reach an agreement with Ukraine to end the war. If no concrete progress towards peace is made in 50 days, the White House will respond.
Trumpek %100eko muga-zergekin presionatu du Errusia, eta NATOrekin adostu du aliatuek finantzatutako armak bidaltzea Ukrainara
Trumpek 50 eguneko epean Errusiari %100eko muga-zergak ezarriko dizkiola iragarri du, baldin eta Moskuk Ukrainarekin su-etena eta bake prozesua hastea ahalbidetuko duen akordiorik lortzen ez badu. Aldi berean, iragarri du Ameriketako Estatu Batuek (AEB) armak bidaliko dizkiela NATOko herrialdeei, eta haiek arduratuko direla finantzatzeaz eta ondoren Ukrainara transferitzeaz.
The EU has warned that Trump's 30% tariff would have led to an end to trade between the two
U.S. President Donald Trump has announced that he will impose 30% tariffs on all European Union products from August 1. Brussels has been willing to continue negotiations, although it has left open the possibility of action if deemed "necessary."
The Freedom Fleet is back on its way to Gaza, mourning the 58,000 dead
The 'Handala' has departed from Sicily with symbolic support from , while the latest Israeli bombings have left 37 others dead.
Trump announces 30% tariffs on the European Union from August 1
The president of the United States has posted a letter on his social networks stating that he will back down "if the European Union or its companies decide to manufacture products in the United States."