But the massive hand out goes DIRECTLY against EU rules and his own insistence on national spending and fiscal prudence – and is set to see France joining Italy in defiance of it’s own EU spending laws. Macron had even dished out numerous lectures to Italy warning them to come to heel over EU spending rules or face the consequences. Now the hapless president looks set to join Italy deliberately falling foul of EU rules. The French President has been aggressively spearheading an EU-wide drive to slash the bloc’s eye-watering 145billion euro debt. But last night he offered his troubled nation astonishing concessions that will see him not only add to Brussels’ fiscal budget but also dangerously inflate Paris’ own budget to over 100 percent of gross domestic product (GDP).

Sparking fears France is on the brink of an economic meltdown, Mr Macron handed out sweeteners to buy off a “catastrophic” nationwide ‘Yellow Vest’ protest movement that led to the deaths of three French citizens, the hospitalisation of hundreds, and knocked the wind out of the nation’s economy - despite his relentless calls on EU member states to tighten their purse strings.

The young French President, 40, who has been dubbed “arrogant” for addressing his nation three weeks into violent protests about fuel hikes that saw the cost of diesel rise by 23 percent in 10 months, offered furious demonstrators who set cars and buildings on fire, stole guns from police and gratified the Arc De Triomphe a shopping list of handouts for those on low pay and retirees to calm their fury.

In a speech addressing the nation last night, he promised to up the national minima wage by 100 euros per month, ending some tax increases for retirees earning less than 2,000 euros per month, and asked firms to provide bonuses to cash-strapped workers.

But his offerings backfired and triggered a lost revenue of 10billion euros after puling the plug on the fuel reforms early, which will come at a cost to his 2019 budget; 0.5 percent of France’s GDP.

He then refused to scrap his unpopular 2017 decision to scrap a tax on the wealthy, which yielded 4billion euros but promised to meet investors and business leaders to urge them to contribute more to the economy.

His offerings will come at a further cost to France - and the EU - a country which is currently at 57 percent of its GDP and therefore, one the highest figures among all the EU member states.

After dishing out numerous lectures on Italy’s crippling EU debt, interior minister Matteo Salvini could’t help but take a swipe at Mr Macron, blaming his austerity polities for the deadly protests.

Mr Salvini told him: “Who sows poverty collects protest.”

Mr Macron told France in a speech yesterday evening: “Sometimes I may have given you the impression that I had other priorities.”