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Live Updates  >  Live Update Details

2026-09-21 15:16:10

[French Finance Minister: Targeted fuel subsidies may be extended from October 1, but no broad fuel tax cuts] (1) The French Finance Minister said the government is likely to extend targeted fuel subsidies from October 1, but will not introduce broad fuel tax cuts. (2) He said officials will meet with the Prime Minister later Monday to discuss gasoline and diesel supplies and measures to help people cope with rising costs. (3) He said he prefers automatic renewal of subsidies based on asset checks, but will not reduce taxes like other European countries. “There will likely be additional subsidies from October 1, but it will not be a general tax cut.” (4) The French government has limited room to provide broad support to households due to pressure to control rising budget deficits.

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