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49 new news items in the last 24 hours
17 July 07:00

The French government is proposing to eliminate two days off, but analysis suggests the economic impact would be marginal.

Raluca Ioana Draghici
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Prime Minister François Bayrou has proposed scrapping Easter Monday and a bank holiday in May to boost output and budget revenues. However, analysis shows the effect on GDP would be tiny, similar to Denmark's experience. Days off have important health benefits for the population and can boost economic sectors such as tourism. Studies suggest that a moderate number of days off can have a positive impact on economic growth, and that eliminating them could have social and political costs outweighing the economic benefits.

Sources

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Economedia
Planul Franţei de reducere a zilelor libere ar putea avea un impact economic nesemnificativ
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Newsweek
Câte zile libere au românii într-un an, față de statele UE? Franța vrea să le reducă drastic | Newsweek Romania
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France days off revenue growth

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