Russian gas cut could jeopardise French growth – minister
PARIS (Reuters) – French Finance Minister Bruno Le Maire stated on Tuesday that the French economic system remained on monitor for reaching a progress charge of two.5% this 12 months however warned {that a} drastic lower in Russian fuel provides to France might jeopardise this projection outlook.
“Now we have to anticipate the potential for a whole cutoff of Russian fuel exports to France, mixed with a harsh winter (as a potential state of affairs amongst others),” Le Maire instructed reporters.
He additionally stated that France is finding out choices for higher power interconnections with Spain and reiterated Paris’s view that European energy costs shouldn’t rely on fuel costs, urging the bloc to reform the mechanism.
(Reporting by Leigh Thomas, writing GV De Clercq, modifying by Tassilo Hummel)
