By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Euro Post.Euro Post.
Notification Show More
Aa
  • My Europe
    • Europe News
    • Social Issues
    • Immigration
    • EU Policies
    • EU Updates
  • World
    • Africa
    • Global Conflicts
    • Human Rights
    • Middle East
    • Latin America
    • Ukraine Crisis:
  • Business
    BusinessShow More
    Lamborghini Unleashes the Temerario: A Hybrid Supercar Poised to Surpass the Huracán
    July 26, 2025
    Is Waze Nearing the End of the Road? Google Maps Growth Raises Questions About the Future of the Navigation App
    July 26, 2025
    Germany Secures Fourth Conviction in €195 Million EU-Wide VAT Fraud Case Tied to Covid Mask Scam
    July 25, 2025
    AstraZeneca Commits $50 Billion Investment in U.S. Amid Tariff Pressures
    July 23, 2025
    ASML Shares Fall as Trump-Era Tariff Fears Cloud 2026 Growth Outlook
    July 17, 2025
  • Sport
  • Travel
  • Culture
    • Art/Design
    • Literature
    • Music
    • Film – TV
    • Fashion
Reading: Cutting Public Holidays to Boost Growth? Economists Warn Against Quick Fixes
Share
Aa
Euro Post.Euro Post.
  • My Europe
  • World
  • Business
  • Sport
  • Travel
  • Culture
Search
  • My Europe
    • Europe News
    • Social Issues
    • Immigration
    • EU Policies
    • EU Updates
  • World
    • Africa
    • Global Conflicts
    • Human Rights
    • Middle East
    • Latin America
    • Ukraine Crisis:
  • Business
  • Sport
  • Travel
  • Culture
    • Art/Design
    • Literature
    • Music
    • Film – TV
    • Fashion
Follow US
  • Advertise
© 2021 Euro Post Agency.com. All Rights Reserved.
Euro Post. > Blog > My Europe > Europe News > Cutting Public Holidays to Boost Growth? Economists Warn Against Quick Fixes
Europe News

Cutting Public Holidays to Boost Growth? Economists Warn Against Quick Fixes

World News
By World News Published August 25, 2025
Share

Paris – August 2025

Contents
The Economics of Extra WorkThe Case for Rest and ProductivityHistorical Precedents and Public ResistanceBalancing Growth and Social Contract

French Prime Minister François Bayrou sparked public outcry last month with a proposal to cut two of France’s 11 annual public holidays as part of the 2026 budget. The move, aimed at narrowing the government’s large fiscal deficit, was denounced by critics as a “direct attack” on French society and “a symbol of social violence.”

Bayrou argued that additional working days, particularly in May, a month often disrupted by multiple holidays, would help raise productivity. He compared the calendar to “a Gruyère cheese full of holes” and estimated that the reform could generate around €4.2 billion in additional output — roughly a tenth of the planned €43.8 billion in savings needed to reduce France’s deficit.

The Economics of Extra Work

But experts remain sceptical. France’s statistics office Insee calculated that each additional worked holiday would raise GDP by only 0.06–0.08% — a modest gain with limited impact on long-term growth. Studies in England and Wales, which have fewer holidays (eight annually), suggest that while holidays may temporarily dent GDP, much of the effect is offset by a “bounceback” in the following months. Moreover, industries such as retail and tourism often benefit from increased demand on holiday dates.

The Case for Rest and Productivity

Research also underscores the importance of rest for productivity. Psychologists point to “recovery processes” — the mental and physical benefits of detaching from work. Michael Clinton, professor of work psychology at King’s College London, notes that vacation days recharge motivation and energy, making employees more engaged when they return.
He cites research showing that insufficient rest can diminish self-control, increasing the likelihood of risky behaviours such as reckless driving.

Historical Precedents and Public Resistance

Attempts to reduce holidays have often been politically fraught. In Denmark, the 2023 abolition of Great Prayer Day sparked mass protests. In France, a 2005 effort to make Whit Monday a working “solidarity day” for elderly care also met fierce resistance, with unions declaring that forcing unpaid work was “illegal” and unfairly shifted government responsibilities onto employees.

Balancing Growth and Social Contract

While some governments, including those in Slovakia and Denmark, have experimented with cutting public holidays, economists caution that the benefits are limited and the social costs high. In the US, even amid debates over holiday costs, new commemorations such as Juneteenth have been introduced.

Ultimately, public holidays are viewed not only as an economic variable but also as part of the social contract — a recognition of workers’ rights to rest and recuperation. Attempts to reduce them risk undermining both wellbeing and political stability, while delivering only marginal fiscal gains.

You Might Also Like

European Parliament Vote to Ease Climate and Human Rights Rules Triggers Widespread Criticism

Widespread Airport Worker Protests in Europe Threaten Christmas Travel Disruptions

European Leaders Meet in Berlin in a Last Push to End the Ukraine War Before Christmas

Europe Redefines Its Geopolitical Economic Power After Exposing Strategic Vulnerabilities

The European Union Freezes €210 Billion in Russian Assets Indefinitely Amid Moscow Warnings

World News August 25, 2025 August 25, 2025
Share This Article
Facebook Twitter Whatsapp Whatsapp Email Print
What do you think?
Love0
Sad0
Angry0
Dead0
Previous Article Germany’s Pension Dilemma: Can a €10 Monthly Scheme Spark a Shift in Savings Habits?
Next Article Cumbria’s Innovative Medical School Aims to Transform Rural Healthcare

Stay Connected

16k Like
85k Follow
45.6k Subscribe
Telegram Follow
- Advertisement -

Latest News

European Union Plans to Expand Carbon Border Tax to Cover More Polluting Goods
EU Updates
European Commission Proposes New Measures to Strengthen Health and Healthcare Systems Across the EU
EU Updates
French Farmers’ Protests Threaten to Delay Major EU–Mercosur Trade Agreement
EU Updates
European Parliament Vote to Ease Climate and Human Rights Rules Triggers Widespread Criticism
Europe News
Loading

Stay Informed,Europ’s Vioce Unfolded

Sign Up for Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

Loading
© 2022 Euro Post Agency. All Rights Reserved.