France Announces Extension of Fuel Price Support Measures
"We had support measures in April and we will continue them in May," Lescure told a broadcaster.
The minister added that Prime Minister Sebastien Lecornu is expected to unveil further details "later in the day" on additional relief steps — following Lecornu's Friday remarks that a new May support package was being assembled to shield the sectors hardest hit by surging fuel costs, including farmers, fishermen, and road transport operators.
The government has already committed €130 million — nearly $140 million — to combat the price surge. That figure includes €70 million directed at transporters, fishermen, and farmers, alongside €60 million allocated for energy vouchers.
The financial pressure runs deeper than fuel alone. Lescure flagged a €3.6-billion spike in debt servicing costs driven by elevated interest rates — a figure that underscores the mounting fiscal strain on Paris.
Against that backdrop, the government has trimmed its 2026 economic growth projection marginally, edging it down from 1% to 0.9%, Lescure confirmed.
Further fiscal tightening may also be on the horizon. Authorities are expected to consider additional savings measures totaling between €4 billion and €6 billion at an upcoming public finance meeting, as the government works to contain widening budget pressures.
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