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BackThe government presents new aid in the face of soaring fuel prices
The government presents new aid in the face of soaring fuel prices
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France Info1 hour agoPolitics2 min readFranceView original

The government presents new aid in the face of soaring fuel prices

Quick Look

The French government presents new support measures in the face of rising fuel prices, including a 'golden rule' aimed at redistributing the VAT surplus generated by the price increase in the 2027 budget, while fuel consumption fell by 30% and tax revenues fell by 407 million euros.

AI-generated summary

Why It Matters

The French government is responding to the persistent rise in fuel prices, influenced by international constraints and a tense geopolitical situation, particularly in the Middle East, while facing a drop in consumption and tax revenues linked to fuels.

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The government wants to propose to parliamentarians to redistribute the VAT surplus generated by the rise in fuel prices, franceinfo learned from Matignon, confirming information from BFMTV.

What you need to know

From 5 p.m., the government is presenting new support measures for the French people most affected by the surge in fuel prices, while its budgetary room for maneuver is reduced and the international constraints at the origin of the energy crisis seem set to last. Roland Lescure, the Minister of the Economy was the first to speak. He is accompanied by David Amiel, Minister of Public Accounts, Maud Bregeon, Minister of Energy, Serge Papin, Minister of Commerce and Purchasing Power, Catherine Chabaud, Minister of the Sea and Stéphanie Rist, Minister of Health. The executive must in particular present and detail the “golden rule” envisaged by Sébastien Lecornu. This measure suggests that any VAT surpluses generated by the increase in the price of gasoline and diesel be “returned” to the French. He wishes to propose to parliamentarians to include this measure in the budget for 2027. Follow our live stream.

The RN criticizes the "golden rule. The measure envisaged by the government to redistribute the VAT surplus generated by the increase in fuel prices, which the government will propose to introduce in the next 2027 budget, "appears to be totally bogus", estimated on franceinfo Thomas Ménage, spokesperson for the National Rally group in the Assembly. The Loiret deputy considers the idea contradictory with previous statements by the government which contested that the Soaring prices benefit state revenue.

“Summer” diesel sold longer. The State exceptionally authorizes fuel distributors to sell "summer" quality diesel for two additional weeks, until November 15, due to supply difficulties linked to the situation in the Middle East, according to a decree published Tuesday in the Official Journal. Normally, distributors are required to market so-called “winter” diesel fuel, which is more resistant to low temperatures, from November 1.

Fuel prices still very high. The price of diesel was still hovering around 2.41 euros per liter on average in France on Monday, according to public data. Those for gasoline were 2.28 euros for the SP98 and 2.22 euros for the SP95.

franceinfo

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#ENERGY_CRISE He assures that 34,000 requests have already been recorded since the start of the fuel crisis for electric vehicles within the social leasing framework.

franceinfo

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#ENERGY_CRISIS "We are suffering from this situation", deplores the Minister of the Economy, who emphasizes that we "have fewer volumes of oil in circulation in the world", which "increases costs and therefore prices at the pump". He insists that “we have no supply problems with any of the fuels in France”. “For the next two months, we have no concerns,” he insists, but Roland Lescure says he wants to “prepare” for a possible evolution of the geopolitical situation.

Roland Lescure

Minister of Economy

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“We decided to develop the support systems.”

#ENERGY_CRISE The situation "is degraded" and "very hard for our fellow citizens", begins the Minister of the Economy Roland Lescure, before presenting, in a few moments, the new measures to deal with the fuel crisis.

franceinfo alert

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#ENERGY_CRISE After several meetings in Matignon yesterday, the government is presenting new aid for the French people most affected by the rise in fuel prices. Follow our live stream.

franceinfo

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#ENERGY_CRISE The French are filling up less and less, in the context of rising prices at the pump. Fuel consumption in France fell by 30% from September 11 to 20 compared to the first ten days of September, according to the Ministry of Public Accounts, which specifies that this consumption is calculated on the basis of deliveries to service stations. The drop in consumption partly explains the fall in tax revenue on fuel. “Since the start of the conflict, tax revenues on fuel have fallen by 407 million euros compared to last year,” figures Minister David Amiel.

update on the news

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It's time to take stock of the news:

#ENERGY_CRISE Imminent announcements. After several meetings in Matignon yesterday, the government presents at 5 p.m. new aid for the French people most affected by the rise in fuel prices. He also wants to impose a “golden rule” in the budget. Follow our live stream.

A 5-year-old girl was found dead in Blois (Loir-et-Cher) at her father's home. The man was hospitalized after stabbing himself several times. “The most likely hypothesis is that of infanticide followed by a suicide attempt,” writes the prosecution.

#UN The United Nations General Assembly begins today in New York, with a speech expected from American President Donald Trump in the middle of the afternoon. A speech from Emmanuel Macron is also expected at 7:30 p.m. Paris time. Follow our live stream.

#POPE Emmanuel Macron will not attend any of the pope's masses during his visit to France which begins on Friday, the Elysée announced. He will be “represented by Prime Minister” Sébastien Lecornu, as well as “by his wife” Brigitte Macron, Saturday, Place de la Concorde in Paris.

update on the news

0 seconds ago

Here is a new update on the news:

• #ENERGY_CRISE After several meetings in Matignon yesterday, the government is today presenting new aid for the French people most affected by the rise in fuel prices. He also wants to impose a "golden rule" in the budget, in order to redistribute the VAT surplus generated by the rise in fuel prices. Follow our live stream.

• A 5-year-old girl was found dead in Blois (Loir-et-Cher) at the home of her father, who "probably killed her", the prosecution announced to AFP. The man was found in critical condition after self-inflicted multiple stab wounds.

• #UN The United Nations General Assembly begins today in New York, with an expected speech from American President Donald Trump in the middle of the afternoon. A speech from Emmanuel Macron is also expected at 7:30 p.m. Paris time. Follow our live stream.

• #PRESIDENTIAL On RTL this morning, Philippe Brun contested the accusations of violence against him and announced the judicial examination of a summary judgment today, with a view to his reinstatement within the Socialist Party and his participation in the primary, from which he was excluded. The decision will be known tomorrow.

franceinfo

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#ENERGY_CRISE French anger is growing as fuel prices continue to rise. France 2 went to meet apprehensive motorists, from Marseille to Seine-Saint-Denis.

franceinfo

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#ENERGY_CRISE In a letter addressed to Ursula von der Leyen on Friday, Emmanuel Macron asks the President of the European Commission to implement emergency measures to produce more fuel in Europe. For this, the Head of State defends the idea of ​​temporarily modifying regulatory constraints.

update on the news

0 seconds ago

It's a few minutes past 9, here's a first update on the morning's news:

• #ENERGY_CRISE After several meetings in Matignon yesterday, the government is today presenting new aid for the French people most affected by the rise in fuel prices. He also wants to impose a "golden rule" in the budget, in order to redistribute the VAT surplus generated by the rise in fuel prices. Follow our live stream.

• #UN The United Nations General Assembly begins today in New York, including a speech by American President Donald Trump. Emmanuel Macron, who met the leader of the United States last night on site, welcomed a "very constructive" discussion, particularly on the situation in the Red Sea and the Russian invasion of Ukraine. Follow our live stream.

• #ARTIFICIAL_INTELLIGENCE Leaders from more than 20 countries have called for the adoption of binding security measures on AI. France, the United Kingdom and the United States are not among the signatory countries at the moment, unlike Germany, Spain and Canada, but the list is not fixed.

• #PRESIDENTIAL On RTL, the deputy for Eure Philippe Brun contests the accusations against him and announces the judicial examination of a summary judgment today, with a view to his reintegration into the Socialist Party and his participation in the primary. Matthieu Pigasse, guest of France Inter this morning, assures us that he "is not giving up the political battle".

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What to Watch

AI outlook — possibilities, not facts

  • The government will propose to include the 'golden rule' in the budget for 2027 in order to redistribute the VAT surplus generated by the increase in fuel prices.

    Likely · Within months

  • Fuel consumption will continue to fall as long as prices remain high.

    Likely · Within weeks

Open Questions

  • What will be the exact amount of VAT surplus to be redistributed?
  • How will the 'golden rule' be financed in the 2027 budget?
  • What are the precise terms of the new aid for the most affected French people?
  • Will the summer diesel measure be extended beyond November 15?

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This article was originally published by France Info.

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