ReferIndia News UPDATE 1-French PM rules out broad tax cuts on fuels amid tight budget constraints

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UPDATE 1-French PM rules out broad tax cuts on fuels amid tight budget constraints

Published on: May 21, 2026, 10:05 p.m. | Source: Devdiscourse

"We refuse any general, indiscriminate reduction of fuel taxes." Instead, the government was extending targeted ‌measures and scaling up incentives to cushion the impact on specific groups, he said. Lecornu also said France should bet on one of its main competitive advantages - a fleet of nuclear reactors producing more than two-thirds of its electricity - and accelerate the electrification of the heating ⁠and ​transport sectors.

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