Budget increase by 2.5 billion euros France Prime Minister Elizabeth Bourne’s government has decided to fight growth energy. Since August, the government has increased public spending for the second time in order to protect the weakest social strata. Yesterday he presented the amended budget to the Cabinet of Ministers and is expected to be discussed immediately in the French Parliament. There are two areas where the government is considering investing this additional 2.5 billion euros, according to Deutsche Welle in a publication. Firstly, in the so-called “additional energy check” for households to deal with increases, and secondly, in discounts on fuel, with discounts directly at gas stations. The “energy checks” that beneficiaries receive by mail cover 12 million households and range from 100 to 200 euros depending on their financial situation. This also adds benefits for universities or other organizations.

Fuel discounts, which began in September, have gone through several stages: 0.50, 0.30, 0.20 and 0.10 euros. According to a recent government decision, the discount of 30 cents per liter at gas stations will remain until November 15th. It will then be reduced to 10 euro cents by the end of the year, except for new decisions that will also apply to 2023. It is estimated that despite these additional costs, the deficit will not be significantly burdened. The government is even optimistic that it will fall to 4.9% from the current 5% of GDP due to increased (by 4 billion euros) state revenues from tax revenues, which was facilitated by inflation.

However, French bakeries and famous baguettes have not escaped the influence of inflation. The inflation rate is unprecedented in the last 40 years. The baguette, the undisputed “bread for the poor” in France, has recently fallen sharply in price. According to forecasts, by the end of the year it will exceed 1 euro. For many years it cost about “fifty dollars”, about 55 cents. Today it reached 0.94 minutes. French bakers are warning of an additional 10 cent price increase, according to DW. Finally, a basket of 38 basic foodstuffs that cost 100 euros last year has approached 120 euros in October this year, according to research.