Finance minister says energy price rises to be capped at 15% as he outlines key elements of budget bill
The French government plans to spend €45bn shielding households and businesses from energy price shocks in a budget focused on bringing down inflation.
The finance minister, Bruno Le Maire, said the increase in the cost of gas and electricity would be capped at 15% from January. Gas and electricity price rises are currently capped at 4% until the end of the year in what is known as the bouclier tarifaire (tariff shield).
(SOURCE) https://www.theguardian.com/world/2022/sep/26/france-budget-shield-energy-price-shocks