French Minister of Finance and Economy Bruno Le Maire said on the broadcast of the LCI TV channel that the republican authorities intend to continue to rein in the increase in electricity tariffs until 2025.
“Electricity prices have not yet returned to normal levels. “I believe we will lift the tariff shield at the beginning of 2025 in 2 years,” he said. TASS).
The French authorities introduced the so-called tariff shield in October 2021. In other words, they called for the course to cut electricity prices in the country.
Le Maire stated that from 2021 to 2023, authorities plan to allocate about 100 billion euros to cut prices in this sector.
In 2023, French authorities determined that the tariff shield will prevent electricity prices from increasing by more than 15% from last year’s figures.
On February 28, the press service of the French National Institute of Statistics (Insee) published information on the organization’s website that the consumer price index in the country rose to 6.2% on an annual basis. In January, this figure was around 6%.