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Tag Archives: France

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France opposes Spain’s gas pipeline project – media

A major gas pipeline project advocated by Madrid and Berlin has faced resistance from Paris, El Pais and several other Spanish news outlets reported this week, citing a letter by the French Ministry of Energy Transition. Spain imports natural gas from Algeria through two undersea pipelines – the Maghreb-Europe and …

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France’s largest wildfire might be ‘act of arson’

French Interior Minister Gerald Darmanin said on Wednesday he strongly suspected the forest fire that flared up in the department of Gironde may have been restarted by arsonists. More than 6,200 hectares have burned down so far this week, the major highway leading to Bordeaux has been shut down, and …

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France to nationalize country’s biggest power provider

France has announced a takeover bid to gain full control of the country’s largest utility, EDF. The government has made an offer of €9.7 billion ($9.9 billion) to nationalize electricity provider EDF, the country’s Ministry of Economy and Finance said on Tuesday. The state already owns 84% of the company’s …

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Inflation in France highest in decades

Consumer prices in France have reached their highest rate in over three decades, data from the state statistics agency INSEE showed on Wednesday. According to the report, inflation in the country increased by 0.9% in June from the month before, driving annual inflation to 6.5%, its highest level since 1991. …

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France issues new gloomy gas supplies prediction

French authorities are preparing for a complete suspension of gas supplies from Russia, according to the country’s Finance Minister Bruno Le Maire, who sees such a full shutdown as the “most likely scenario.”  “I think that a total cutoff of Russian gas supplies is a real possibility … and we …

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France has entered ‘war economy’ – Macron

France will adjust its six-year military spending plan in the wake of the Russia-Ukraine conflict, President Emmanuel Macron announced on Monday. Macron said he instructed the government to “carry out a reassessment of the military spending program in the coming weeks, in the light of the geopolitical context.”  France “has entered into a …

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France investigating nuclear ‘cover-ups’

The French government is looking into whistleblower allegations that a state-run utility agency attempted to conceal safety issues at a nuclear power plant, with prosecutors confirming they are following up on complaints filed late last year.  Officials in Marseille launched an investigation into the alleged safety problems last month after …

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France and the EU blew it in Africa and are trying to blame Russia

French influence in Africa has long been taken for granted to such an extent that the French media has a name for the relationship: “Françafrique”. The implication is that Paris still has historical and linguistic ties to its resource-rich former colonies on the continent, which should automatically translate to military, …

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Inflation in France has peaked – Finance Minister

Inflation in France has peaked, but is expected to stay at a high level for several more months before progressively decreasing, according to the country’s Finance Minister Bruno Le Maire. The rate reached 5.2% in May. “By end-2023, we should see a progressive decline of inflation. We could have an …

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