Sébastien Lecornu considers revising six billion euro credit freezes

The prime minister announced on Tuesday at the National Assembly a possible revision of credit freezes planned to cover costs from the Middle East war.

Sébastien Lecornu said on Tuesday that the six billion euros in credit freezes could be updated. He clarified that this update would not necessarily mean an increase but a different distribution of the measures.

The prime minister will hold a press conference on Thursday on the economic consequences of the conflict. He will present a new package of aid for June targeting affected sectors such as agriculture, fishing and construction.

The government had announced these savings for 2026 in mid-April, with four billion euros on the state and two billion in the social sphere. Lecornu noted that the geopolitical crisis was settling in for the long term and was affecting energy prices.

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Sébastien Lecornu announces targeted fuel aids amid Middle East conflict-driven price surge, with skeptical public reaction.
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Sébastien Lecornu promises new targeted aids amid fuel price surge

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Prime Minister Sébastien Lecornu announced in Bordeaux new targeted aids «early next week» to counter the fuel price surge linked to the Middle East conflict started over a month ago by US and Israeli strikes on Iran. He assured there was no shortage in the country. The French public expresses strong skepticism about the government's effectiveness.

Prime Minister Sébastien Lecornu announced on Thursday 21 May reinforced support for households and sectors hit by surging oil prices. The measures stay targeted and temporary, without a return to broad public spending.

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Prime Minister Sébastien Lecornu has called on TotalEnergies to strengthen its fuel price caps to redistribute its superprofits. The statement comes amid a sharp rise in the group's earnings due to the Middle East conflict. The government is opting for targeted aid amid budget constraints.

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