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France reveals cost of power price caps
The government will spend €16 billion to limit energy price increases to 15%, Finance Minister says The latest measures adopted by the French government to help consumers deal with rising energy prices will cost Paris €16 billion, according to the country’s Finance Minister Bruno Le Maire. According to the plan announced by French Prime Minister Elisabeth Borne, households with gas heating will on average pay €25 more every month during 2023 instead of an extra €200 without the limitation. Meanwhile, the average household with electricity heating will see monthly power bills increase by €20, she said. The price ca

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