French Prime Minister Francois Bayrou proposed scrapping two public holidays and freezing most public spending as part of a 43.8 billion euro ($50.88 billion) budget squeeze he outlined on Tuesday. Bayrou's plan involves freezing welfare spending and tax brackets in 2026 at 2025 levels, not even adjusting for inflation, which…

MPs will vote on François Bayrou's budget plan in the autumn, in a moment of high risk for the government.

French Prime Minister François Bayrou proposed scrapping two public holidays as part of a 43.8 billion euro budget squeeze outlined on Tuesday, even as opposition parties threaten to topple his minority government. President Emmanuel Macron has left Bayrou the task of repairing the public finances with the 2026 budget, after his own move to call a snap legislative election last year delivered a hung parliament too divided to tackle the country's spiralling spending and a surprise tax shortfall.

French Prime Minister François Bayrou is set to present a 40 billion-euro budget reduction plan on Tuesday. Opposition parties have warned they may move to bring down his minority government if the proposed cuts are seen as too severe. The French PM is then in a tricky position, as FRANCE 24's Marc Perelman explains.

French PM François Bayrou unveiled deep spending cuts Tuesday in an effort to rein in France's burgeoning deficit, with proposals including scrapping two public holidays, limiting tax breaks for the…