The new French Prime Minister has abandoned the previous plan to cut two public holidays.

France's newly appointed Prime Minister Le Coqni stated on Saturday that he will abandon the proposal put forward by his predecessor to cut two public holidays, which was originally one of the budget measures aimed at reducing the deficit. On Friday, credit rating agency Fitch downgraded France's sovereign credit rating to A+, the lowest level in the country's history. In response to this news, Le Coqni told local newspapers "La Provence" and "Ouest-France," "We are paying the price for an unstable situation." Since taking office on September 10, Le Coqni has promised to find "innovative ways" to cooperate with opposition parties to pass budget measures that reduce debt, while also promising to introduce new policy directions. "My approach is simple: I do not want instability, nor do I want stagnation," he said in his first interview after taking office. "Future budget measures may not fully reflect my ideas... in fact, that is almost certain!" he added.