France's Le Maire: Government can't bear all of the energy price increase

  • Le Maire says consumers will need to absorb a "small part" of the cost

The remarks come as he says that the government will announce the details of energy price caps for the next year in the coming days. Adding that this will help to protect French people from exorbitant costs. It's a welcome announcement but there are fiscal repercussions especially when central banks are looking to tighten policy further.

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