French Finance Minister Bruno Le Maire: There are four or five major companies in the food industry that have failed to fulfill their promises to reduce prices. If those participants do not follow through on their commitments by next week, their names will be made public.
They are already aware that there is a threat of a tax on them next week.
Lowering prices is more difficult and harsh on consumers, but is substantially more fair and effective.
It has managed to bring the price down and get it into the pockets of consumers.
The primary focus is on citizens and consumers, not on padding the country’s coffers through tax increases.
The Governor of the Bank of France will present his proposals for the General Savings Account and the National Savings Account at the end of next week, which I will carefully consider.
People’s savings account is more attractive than ordinary savings account because it provides an opportunity to preserve and increase value, and the current annual interest rate is higher than the level of inflation.
There are tens of thousands of French people who qualify for a People’s Savings Account, the best option for them to protect their savings.
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