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France 24

Business

Yuka ROYER

France announces €710 million in new energy aid

Sébastien Lecornu France Deficit Iran Paris Tax Cuts

BUSINESS © FRANCE 24

French Prime Minister Sébastien Lecornu has announced new support measures to cushion the impact of the energy crisis caused by the war in Iran. The €710 million package includes extending existing support schemes for sectors such as fishing, farming and construction, as well as a new bonus for taxi drivers to switch to electric cars. But the prime minister ruled out blanket subsidies like fuel tax cuts as Paris struggles to bring its debt and deficit down.

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