Lecornu's decision to scrap the holiday cuts shows smart political instincts that prioritize dialogue over divisive austerity measures. The new prime minister recognizes that Bayrou's heavy-handed approach failed precisely because it ignored public sentiment and parliamentary realities. Finding alternative funding sources through genuine consultation with unions and opposition parties offers a more sustainable path forward than forcing through unpopular cuts.
The Fitch downgrade exposes the dangerous consequences of political instability and fiscal irresponsibility that have plagued France for decades. Abandoning necessary budget cuts like the holiday elimination only worsens France's debt crisis, which already exceeds eurozone limits by massive margins. Without decisive action to control spending, France risks further downgrades that will increase borrowing costs and threaten economic sovereignty.
© 2025 Improve the News Foundation.
All rights reserved.
Version 6.15.2