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Government details funding for measures to counter soaring energy prices

2022-03-25T18:46:42.554Z


DECRYPTION - Nearly 6 billion new credits were presented to parliamentarians via an advance decree. After the announcements, place to the piping. This Friday, the government presented to the parliamentarians of the finance committees of the National Assembly and the Senate the advance decree dedicated to the financing of the resilience plan. Jean Castex had announced these aid schemes for motorists and businesses highly exposed to energy prices on March 16. They partly cushion the surge in price


After the announcements, place to the piping.

This Friday, the government presented to the parliamentarians of the finance committees of the National Assembly and the Senate the advance decree dedicated to the financing of the resilience plan.

Jean Castex had announced these aid schemes for motorists and businesses highly exposed to energy prices on March 16.

They partly cushion the surge in prices caused by Russia's invasion of Ukraine at the end of February.

The government thus plans to open 5.95 billion euros in new credits: 3 billion for the discount of 15 centimes per liter on fuel, 1.5 billion in aid for companies

"which consume a lot of energy and are threatened with default because of the evolution of prices”,

650 million for agriculture, 30 million for fishing, 400 million for transport, 80 million for construction…

Read also

Public finances: Paris delays sending its projections

Total aid to companies particularly affected by energy price increases has been estimated…

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Source: lefigaro

All news articles on 2022-03-25

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