Wary of political fallout, France looks to limit power price surge

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Reuters UK

PARIS (Reuters) – The French government is working on further measures to limit the surge in electricity prices, the finance minister said on Friday, wary of the political fallout three months before a presidential election. “Look what’s going on in Kazakhstan, it’s quite indicative of what can happen when energy prices explode, it’s politically dangerous,” Finance Minister Bruno Le Maire told journalists in a New Year address. Energy prices can be sensitive topic in France. A 2018 fuel tax increase triggered months of regular violent street protests that spiralled into a broader anti-governme…

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