The tariff shield on electricity will be maintained until the beginning of 2025, announces Bruno Le Maire

by time news

2023-04-21 16:16:52


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“I give us two years” to get out of this device, said the Minister of Economy and Finance, on LCI. On the other hand, the tariff shield on gas will be extinguished this year.

The French will benefit for several more months from electricity prices limited by the public authorities. guest on LCI this Friday morning, the Minister of Economy and Finance, Bruno Le Maire, said he wanted to maintain the tariff shield on electricity until at least the beginning of 2025. Prices still remain too high today, “I give us two years“To lift, gradually, this device, he explained.

On the other hand, the tariff shield on gas will be extinguished this year, confirmed the boss of Bercy. Market prices having returned to an acceptable level,there is no reason to maintain this shield“, he pleaded. So he will stopfrom this year“. The exit from these devices will however be done gradually, and in a supervised manner, specified the Minister, “so as not to worry our compatriots“. Bercy will convenein the next few days” gas suppliers, including Engie, during a meeting, to ask them to simplify the bills of the French “so that consumers can find their way around».

“We must get out of the policy of the checkbook”

These announcements go hand in hand with the executive’s desire to tighten the screws on public accounts, in order to somehow reduce a public debt approaching 3000 billion euros. “It’s time to set the accounts square“, defended the Minister of the Economy, for whom the”accelerated deleveraging is the freedom of the country“, making it possible to gradually redirect expenditure, from the debt burden to public services. After the “yellow vests“, the Covid-19 and the inflationary crisis, “we must get out of the policy of the checkbook“added the member of the government.

Since their introduction, tariff shields have weighed heavily on public finances: last September, Bercy estimated the bill at some 24 billion euros, including 10.5 billion euros for electricity. The balance sheet has since increased, the ministry speaking, this Thursday, by around 30 billion euros.



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