NewsWorldEnergy prices: Bruno Le Maire "does not close any...

Energy prices: Bruno Le Maire “does not close any doors” on new measures – archyde

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Economy Minister Bruno Le Maire, in Brussels, January 17, 2022 (AFP / JOHN THYS)

Faced with rising energy prices, the Minister of the Economy Bruno Le Maire assured Wednesday on BFMTV / RMC not to close “no door” to new measures, while underlining the cost of those already implemented.

“The inflation allowance, the energy check, what we have done on EDF, what we are doing to cap gas prices: the bill for all of these measures is 15 billion euros already committed by the state to protect the French,” said the minister.

Asked about the advisability of lowering the VAT rate on gasoline to 5.5%, against 20% currently, Bruno Le Maire was cautious.

“Ten cents less per liter, on a full 50 liters, is five euros less” for the consumer but “5 billion” in lost tax revenue for the state, he assured .

“We must measure the costs that this represents, the loss of earnings for the State, for public services”, added the minister, who had already shown himself hostile on several occasions to such a measure.

Graph showing the evolution of the sale price of diesel, Unleaded 95 and Unleaded 98 in France from January 2016 to January 2022 ( AFP / )

Graph showing the evolution of the sale price of diesel, Unleaded 95 and Unleaded 98 in France from January 2016 to January 2022 ( AFP / )

Driven by a rising oil price, fuels have been flying from record to record since the beginning of the year, with diesel which exceeded 1.60 euros per liter for the first time.

“I will continue to monitor fuel prices, see if additional measures are necessary. We are constantly adjusting the devices,” said Bruno Le Maire.

In addition to the inflation allowance of 100 euros paid to 38 million people and the exceptional payment of 100 euros in December for the six million households benefiting from the energy check, the blocking of gas prices, the State last week put EDF contribution to limiting the rise in electricity prices to 4%.

The government has therefore ordered the group – of which the State owns 84% ​​- to increase by 20% the volume of nuclear electricity sold at a reduced price to its competitors this year, by asking that this advantageous tariff be passed on to end customers.

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