News Formal

French consumers to absorb ‘contained rise’ in energy prices, finance minister says

  • 📰 globeandmail
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 92%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

French Finance Minister Bruno Le Maire said on Monday that households will need to absorb a ‘small part’ of the increased energy costs themselves

All French consumers will be protected by forthcoming caps on energy prices, Finance minister Bruno Le Maire said on Monday but he added that households will need to absorb a “small part” of the increased costs themselves.

Le Maire told LCI television the government will present details on the policy, which will include “a contained rise” in gas and power prices for households, in the coming days. The finance ministry currently expects the cost of measures between 2021 and 2023 to come to €67-billion, equivalent to 2.7 per cent of gross domestic product.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in SG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Bout to get hosed... 😬

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

French consumers to absorb ‘contained rise’ in energy prices, finance minister saysFrench Finance Minister Bruno Le Maire said on Monday that households will need to absorb a ‘small part’ of the increased energy costs themselves Bout to get hosed... 😬
Source: globeandmail - 🏆 5. / 92 Read more »