Rising energy prices: what does the support plan to be proposed by the cabinet look like?

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Faced with rising energy prices, the government will propose a “resilience plan” next week to help households. As for the increase in fuel prices, the executive will undoubtedly count on support similar to the inflation allowance of 100 euros proposed in October last year.

The government will present “next week” a “resilience plan” for companies affected by the conflict in Ukraine, which will be “scalable” and “in several phases”, Matignon said on Tuesday after consultation meetings of the economic and social actors around Jean Castex . The prime minister, who was tasked by President Emmanuel Macron with drawing up this plan, met for nearly five hours on Tuesday afternoon with representatives of the economic sectors concerned, then with trade unions and employers’ organizations. The Midi broadcast Make the point.

What is the purpose of this “resilience plan”?

The aim is to “accompany” the companies directly affected by the sanctions against Russia, to “secure the supply of raw materials” and, above all, to find solutions to “compete the sharp increase in energy costs”, namely gas and fuel, which burden the finances of households and businesses, Matignon detailed.

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According to Jean Castex’s cabinet, the response can only be finalized after the informal European summit on Thursday and Friday in Versailles, which “should propose an evolution of the (community) state aid framework”. “This will be decisive when calibrating the devices for next week,” said the same source.

What helps with rising fuel prices?

Faced with rising prices at the pump, Emmanuel Macron promised on Monday to “improve aid”, citing possible measures around the mileage allowance and the inflation allowance. Concordant government sources show that the hypothesis of a new inflation allowance, tighter than the previous one of 100 euros granted to 38 million people, is in control.

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“We are thinking about the tool,” Jean Castex’s advisers denied, recalling that France had “three months of strategic fuel stocks to cover all imports” and as such “there should be no panic at gas stations.

How is this “resilience plan” organized?

The resilience plan will consist of “a response in several phases, with a package that will initially deal with households and part of (assistance to) companies”. For companies, the sectors “asked not for transversal but rather targeted devices,” calling for “different answers,” the Matignon advisers noted, citing the case of aviation whose first titanium supplier is a Russian company.

And the plan “will no doubt need to be scalable,” especially since “we don’t yet know all the counter-sanctions” Russia could take, the prime minister’s services argued.

How is this plan perceived by the social partners?

Hosted with the social partners, the boss of the CFDT Laurent Berger, who welcomed the “great unity” around the table, insisted on the need for tailor-made assistance, because “there is no watering the sand”. And we should “take advantage of this period – even if it takes time – to be less dependent on energy,” he went on to argue.

Faced with the rise in fuel prices, the president of the CFE-CGC Fran├žois Hommeril, for his part, recalled “that perhaps it was not useless to examine the principle of a floating tax”, even though he noted that “the government should not hot”.