France Announces 710 Million Euro Energy Aid Package

French Prime Minister Sébastien Lecornu announced a 710 million euro package of energy support measures on May 21, 2026. The package extends existing aid programs for fishing, farming, and construction industries affected by higher energy costs. It also adds a new bonus for taxi drivers who switch to electric cars.

Lecornu ruled out broader subsidies such as fuel tax cuts. The decision comes as the government works to reduce public debt and the budget deficit.

The measures respond to higher energy prices linked to the war in Iran. Officials said the targeted approach aims to limit spending while providing relief to specific sectors. The announcement follows earlier support schemes introduced during the current energy price increase.