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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French Prime Minister Sébastien Lecornu announcing fuel aid measures at a press conference amid oil price crisis.
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Sébastien Lecornu strengthens fuel aids amid middle east crisis

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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.

The government announced Thursday budget freeze measures to meet its 6 billion euro savings commitment, without providing all details.

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The prime minister sent a framing letter to each government member to limit funding requests deemed unrealistic given the urgency of public finances.

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