Published 2 years ago

Analysis: French paying dearly to keep inflation 'poison' at bay

Summary by Ground News

Subsidies and price caps on energy have helped shore up consumer spending in France. But maintaining these costly inflation-relief measures is getting harder. Weaning households off the state's largesse may unleash a new wave of price rises. France's anti-inflation spending will next year reach more than 85 billion euros.

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Reuters

Analysis: French paying dearly to keep inflation 'poison' at bay

By Leigh Thomas PARIS - Belgian motorists are crossing the border into France to fill up on subsidised fuel that costs the Treasury billions of euros and is designed to shield French households from the full inflationary pain felt in some neighbouring countries. Subsidies and aggressive price caps on energy have helped shore up consumer spending in France, and with it economic growth.

2 years ago·United Kingdom

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IBTimes

Analysis-French Paying Dearly To Keep Inflation 'Poison' At Bay

Belgian motorists are crossing the border into France to fill up on subsidised fuel that costs the Treasury billions of euros and is designed to shield French households from the full inflationary pain felt in some neighbouring countries.

2 years ago·United States

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