Macron asks energy suppliers to renegotiate excessive contracts for small businesses

Macron asks energy suppliers to renegotiate excessive contracts for small businesses

Published January 05,2023


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French President Emmanuel Macron delivers his speech to the French Bakery and Pastry Federation members throughout the presentation of the Epiphany cake on the Elysee Palace, in Paris, France, January 5, 2023. (REUTERS)

French President Emmanuel Macron on Thursday requested vitality suppliers to renegotiate extreme contracts for small companies.

Macron hosted bakers on the Elysee Palace to have fun Epiphany and stated he stands with them towards hovering vitality costs.

Drop in Moscow’s oil and pure fuel exports to Europe, in response to sanctions over the struggle in Ukraine, have pushed costs larger.

The president criticized “abusive and aberrant” vitality contracts that customers needed to settle for, and referred to as on vitality provider corporations to renegotiate contracts for small companies with lower than 10 staff.

“I am tired of people who — based on the crisis — make excessive profits,” he stated.

Economy Minister Bruno Le Maire on Tuesday introduced monetary help to bakers affected by swelling vitality payments.

The authorities goes to ship letters to bakers this week to tell them on the small print of the assistance they are going to obtain, together with a reduction and a monetary help that collectively could make as much as a 40% help on the payments.

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