France is topping up its fuel support to help households handle pricey fill-ups through the end of the year. The plan keeps a €100 payment in place for another three months, through December, and widens eligibility to 5.5 million people from 3 million, government spokeswoman Maud Bregeon told reporters.
Beyond motorists, officials are extending fuel assistance to industries including fishing and farming, part of a bundle worth €450 million, according to Budget Minister David Amiel. Finance Minister Roland Lescure added that France has about two months of energy supplies on hand and sees no risk of fuel shortages right now.
President Emmanuel Macron is short on easy levers to offset high pump prices as his team wrestles with a growing budget gap ahead of next year's presidential vote. Scope Ratings cut France's credit score on Friday, pointing to a sustained weakening in the fiscal outlook. Macron has also urged Ursula von der Leyen, who leads the European Commission, to ease regulations on petroleum products, arguing that the US-Iran and Russia-Ukraine conflicts are driving prices higher and heightening the threat of shortages.
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At the same time, domestic strains are mounting: on the Mediterranean coast, fishermen set up blockades at several ports and at a fuel depot, while calls on social media are growing to revive the Yellow Vests movement that began in 2018 and later turned into nationwide riots. For your money, it means Paris is spending to cushion fuel pain even as deficits, ratings pressure, and social unrest add new variables to France's policy path.
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