Close Menu
    National News Brief
    Monday, November 10
    • Home
    • Business
    • Lifestyle
    • Science
    • Technology
    • International
    • Arts & Entertainment
    • Sports
    National News Brief
    Home»Trending News

    France’s absent public workers face benefits cut in savings blitz

    Team_NationalNewsBriefBy Team_NationalNewsBriefOctober 28, 2024 Trending News No Comments3 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email


    PARIS: France’s government said on Sunday (Oct 27) that state workers behind a massive rise in absenteeism will be targeted as it desperately seeks billions of euros in budget savings.

    Facing European Union pressure to slash spending, but similar heat from domestic parties over the planned penny-pinching, the minority conservative government set out another €5 billion (US$5.4 billion) in proposed cuts on Sunday.

    It has already warned that more than 3,000 public jobs will have to be lost and also indicated that those taking increasing sick leave will also have to feel the budget pain.

    The government said the number of days of absenteeism in the public sector has risen from 43 million in 2014 to 77 million in 2022.

    The finance ministry said that almost €1.2 billion could be saved by only paying state workers after the third day of sick leave, instead of the current one day, and by cutting the benefits paid. The measure would not affect maternity leave, work accidents and proven serious illnesses.

    “We must have the courage to take difficult decisions today to avoid more difficult choices in the future,” warned public administration minister Guillaume Kasbarian in an interview with Le Figaro newspaper.

    Finance Minister Antoine Armand said on Sunday that France’s budget deficit for 2024 would be between 6.1 per cent and 6.2 per cent, more than twice the 3 per cent EU limit. In a bid to bring the deficit back to 5 per cent next year, the government is aiming to raise €60 billion – €20 billion from increased taxes and €40 billion from spending cuts.

    Development aid would be cut by €640 million, money for cleaner vehicles reduced by €300 million and France’s much-vaunted spending on culture would be slashed by €55 million, according to ministers.

    Measures including delaying a rise in pensions for six months next year and making companies pay higher statutory fees – hoping to raise €4 billion – have already caused major disputes in parliament debates.

    Lawmakers for the far-right National Rally (RN), the biggest single party in parliament, said they will vote against the government’s planned budget because of the threat to pensions. The RN could bring down the government if it joined with left-wing parties in a confidence vote.

    “We warn the government … you are creating the conditions for your censure,” said the RN vice president Sebastien Chenu.

    Left-wing parties were forced through a vote to make a tax on the wealthy permanent, instead of for three years as the government wished.

    They have also called for special taxes on multinationals operating in France and high-value financial transactions.



    Source link

    Team_NationalNewsBrief
    • Website

    Keep Reading

    US flights could ‘slow to a trickle’ as shutdown bites: Transport secretary

    Israel receives remains believed to be officer killed in 2014 Gaza war

    South Korea rescuers recover third body after power plant collapse, media reports say

    China halts export ban to US of some ‘dual use’ materials: Ministry

    Taiwan is not alone, vice president says after breakthrough Europe trip

    EU says China confirms Nexperia chip export resumptions

    Add A Comment
    Leave A Reply Cancel Reply

    Editors Picks

    Global economy takes centre stage

    March 17, 2025

    Meghan Markle’s New Netflix Show Sees Another Harsh Review

    March 10, 2025

    Amazon Closes Operations in Quebec, Laying off 1,700 Workers

    January 23, 2025

    Opinion | The MAGA Youth Remind Me of the 1980s and Not In a Good Way

    February 17, 2025

    President Trump says UFC will host fight at White House

    July 4, 2025
    Categories
    • Arts & Entertainment
    • Business
    • International
    • Latest News
    • Lifestyle
    • Opinions
    • Politics
    • Science
    • Sports
    • Technology
    • Top Stories
    • Trending News
    • World Economy
    About us

    Welcome to National News Brief, your one-stop destination for staying informed on the latest developments from around the globe. Our mission is to provide readers with up-to-the-minute coverage across a wide range of topics, ensuring you never miss out on the stories that matter most.

    At National News Brief, we cover World News, delivering accurate and insightful reports on global events and issues shaping the future. Our Tech News section keeps you informed about cutting-edge technologies, trends in AI, and innovations transforming industries. Stay ahead of the curve with updates on the World Economy, including financial markets, economic policies, and international trade.

    Editors Picks

    Cops Called To Jeff Bezos’ Mansion During Kris Jenner’s 70th Birthday Party

    November 9, 2025

    US flights could ‘slow to a trickle’ as shutdown bites: Transport secretary

    November 9, 2025

    BBC boss Tim Davie resigns after criticism over Trump speech edit | Media News

    November 9, 2025

    CFB Week 11: Indiana, Texas A&M playoff-ready after big wins

    November 9, 2025
    Categories
    • Arts & Entertainment
    • Business
    • International
    • Latest News
    • Lifestyle
    • Opinions
    • Politics
    • Science
    • Sports
    • Technology
    • Top Stories
    • Trending News
    • World Economy
    • Privacy Policy
    • Disclaimer
    • Terms and Conditions
    • About us
    • Contact us
    Copyright © 2024 Nationalnewsbrief.com All Rights Reserved.

    Type above and press Enter to search. Press Esc to cancel.