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France reaffirms support for consumers and does not rule out taxing companies

French Prime Minister Elisabeth Borne said the government will cushion rising energy prices for consumers and is not ruling out the possibility of a special tax for companies with higher profit margins.

“I do not close the door to the taxation of higher profits, but I believe that the most effective and feasible thing is that [as empresas]for example, lowering the price for the consumer, if they have room for that,” the prime minister said in an interview with Le Parisien.

In the interview, Elisabeth Borne promised not to let energy prices rise rapidly for consumers and that measures will be taken “to accompany the most disadvantaged”.

This Saturday, speaking to journalists in Metz, in the north of France, the French Minister of the Economy, Bruno Le Maire, said that the Government is a example in europe in the fight against rising energy prices.

“Look at what is happening in Spain and the United Kingdom, with the electricity bill going up 60%, 70%, 80%, while we have an increase of 4%. I am not saying that this increase is small, but I insist that you see how the President [Emmanuel Macron] and his government cushioned the impact,” Le Maire said.

According to the Efe agency, Le Maire was asked on several occasions about the record increase in the wholesale price of electricity in France for 2023 (up to 1,000 euros per megawatt hour, compared to 85 euros a year ago) and its impact on budgets. relatives.

“We don’t hide it. In January 2023 there will be increases in the price of gas and electricity, but they will be mitigated, as we have been doing for 14 months. We do not want inflation to translate into economic brutality against our compatriots, ”he shot.

Faced with the rise in energy prices due to the war in Ukraine, the Macron Executive limited gas and electricity increases to private consumers, in an effort equivalent to 20,000 million euros for the state coffers.

France says Europe must prepare for end of Russian energy exports

Source: Observadora

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