Finance Minister Bruno Lemerre told BFM today that the French government, a major shareholder in EDF, would always support the heavily indebted energy giant, stressing that “all options are on the table” when asked if the government was planning to nationalize EDF. . Earlier in the day, Energy Minister Anies Panier-Rinase told Europe 1 radio […]
Tag: Bruno Lemer
Lemmer: Macron needs a majority, but not a coalition of parties
French Finance Minister Bruno Lemerre said today that Emanuel Macron would spend the next two weeks trying to persuade voters to vote for him in the second round of the presidential election, adding that he was opposed to forming a coalition government. Asked about the possibility of forming a coalition between parties of different tendencies […]
Lemmer: Coal and oil are among the possible sanctions against Russia to be discussed
“We are ready to step up sanctions against Russia. Coal and oil are a possibility we will discuss,” French Finance Minister Bruno Lemerre told the Ecofin Council in Luxembourg today. Bruno Lemerre expressed confidence that all 27 member states are determined to strengthen sanctions, noting that the “key” to the effectiveness of sanctions is the […]
France (Lemerre): We are experiencing an oil shock similar to 1973
LAST UPDATE: 12.09 The current energy crisis, characterized by a spike in prices, is “comparable in intensity, in brutality, to the oil shock of 1973,” French Economy Minister Bruno Lemerre said today. Oil and gas prices have skyrocketed since the start of the Russian invasion of Ukraine on February 24, following Western sanctions targeting Moscow: […]
France: Europe has solutions to become independent of Russian gas
Europe has solutions to become independent of Russian gas, French Economy Minister Bruno Lemerre said today, adding that he seeks to accelerate their implementation so that he can meet the challenge of winter 2022-2023. Reaffirming that gas prices will remain “locked” for consumers in France, the Minister of Economy referred to a number of European […]
Eurogroup: The economic consequences of the Ukrainian crisis at the center of the debate, the French Ministry of Foreign Affairs emphasizes
The economic consequences of the Ukrainian crisis and the ways in which European economies can be protected are the subject of the current informal Eurogroup meeting in Paris, said French Finance Minister Bruno Lemerre. Arriving in the Eurogroup with his German counterpart Christian Lindner, the French Minister of Finance stressed that EU countries are financially […]
Lemerre reassuring about the effects of the Ukrainian crisis on the French economy
The French Minister of Economy Bruno Lemerre reassured the possible effects of the Ukrainian crisis on the French economy, who, during a hearing before the Senate Economic Committee, assured that “the consequences of this crisis in Ukraine will be limited because the she is not very exposed “. However, according to the French Ministry of […]
Lemmer: EU sanctions will primarily hit the Russian economy
The package of sanctions adopted by the EU member states will primarily affect the Russian economy, French Finance Minister Bruno Lemerre told a television station in Paris this morning. The French minister, whose country holds the rotating EU presidency this semester, also said that the issue of sanctions and their possible escalation would be on […]
B. Lemmer: A European technology fund of 1 billion euros is created
French Finance Minister Bruno Lemerre has said that a new European technology fund of about 1 billion euros will be officially launched tomorrow, Tuesday, and will enable the European technology sector to compete with its American and Asian rivals. According to Reuters, Lemerre announced the new fund today in a speech at an event on […]
Lemmer calls EU rules on Member States’ public debt “obsolete”
French Economy and Finance Minister Bruno Lemerre on Sunday described the rules on public debt of European Union member states as “outdated”. The Stability and Growth Pact (SGP) “is not obsolete in its entirety, but the rule for public debt is,” he said in an interview a few weeks after France took over the rotating […]