A measure aimed at helping people who need to drive for work to cope with rising fuel prices should be included in France’s long-awaited spending power bill, the finance minister has said.
Bruno Le Maire said during an interview on France Inter this morning (July 4) that the aid would be targeted at people who earn less than €1,500, €1,600 or €1,800, for example.
“It has not [yet] been decided, [but] I am putting the proposal on the table,” he said. “It is a type of compensation which will concern all those who work and are obliged to take their cars.
“It must be concentrated on those who are on a low or medium income.”
Carburant : "Nous regardons si nous pouvons mettre en place une indemnisation plus généreuse pour tous ceux qui sont obligés de prendre leur véhicule pour aller travailler", déclare le ministre @BrunoLeMaire. "Ce serait évidemment en fonction du niveau de revenu"#le79inter pic.twitter.com/Li61mqoJJ4— France Inter (@franceinter) July 4, 2022
Mr Le Maire added that he is proposing food product promotions of up to 50%, while at the moment they cannot exceed 34%.
Since 2018, the loi Egalim forbids supermarkets to offer more than 34% discount on food promotions, to protect the margin made by local producers/farmers but equally to keep competition between supermarkets fair.
Only in some cases, where food products are nearing their expiry date, can supermarkets go above this 34% limit, but the discounts will depend on the specific store.
Food prices are to be controlled, and Mr Le Maire said: “We will not let profiteers make the most of the inflation crisis.
“We are going to make checks across the whole sector, to see if from the factory to the distribution depot, via transport and storage, any shocking margins are being made.
“Those who are profiting from [the situation] will be penalised.”
Inflation : des contrôles vont être menés, "filière par filière", pour éviter "les marges révoltantes" dans le secteur alimentaire, explique @BrunoLeMaire. "Nous ne laisserons pas passer les profiteurs de la crise inflationniste" #le79inter pic.twitter.com/hP9bg4l7w2— France Inter (@franceinter) July 4, 2022
He also announced that government-guaranteed loans for businesses affected by the war in Ukraine will now be extended until the end of 2022, while the scheme had originally been intended to end on June 30.
Soutien aux entreprises affectées par la guerre en Ukraine : le prêt garanti par l'État (dit "résilience") sera "poursuivi jusqu'à la fin de l'année", annonce @BrunoLeMaire #le79inter pic.twitter.com/fZ4W5XLsJx— France Inter (@franceinter) July 4, 2022
The spending power bill is set to be presented to France’s Conseil des ministres cabinet at the end of the week.