(Corrects spelling of Elisabeth, paragraph 1) PARIS (Reuters) - The French government plans to temporarily lift a ban on retailers selling road fuel ...
PARIS - The French government plans to temporarily lift a ban on retailers selling road fuel below cost as part of efforts to stem inflationaryLee's impacts to be felt as the storm tracks into Atlantic Canada this weekend | SaltWirePARIS - The French government plans to temporarily lift a ban on retailers selling road fuel below cost as part of efforts to stem inflationary pressures on households, Prime Minister Elisabeth Borne told newspaper Le Parisien.
TotalEnergies has extended a cap on fuel prices past the end of the year while some supermarket chains have held promotions to sell petrol at cost. "With this unprecedented measure, we will obtain tangible results for the French people, without subsidising fuel," she said in an interview published on Saturday.
Finance Minister Bruno Le Maire said on Thursday that high petrol refining profit margins were a source for concern and may need to be addressed by government action.
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