France to limit gas, electricity price hikes to 15% in 2023

France to limit gas, electricity price hikes to 15% in 2023

French premier announces one-time payment of up to €200 ($100-200) for lower-income households to help with energy costs

By Anadolu Agency staff

ISTANBUL (AA) - The French prime minister on Wednesday pledged to limit natural gas and electricity price hikes to 15% for 2023 amid the energy crisis in Europe worsened by Russia's ongoing war on Ukraine.

France will provide 12 million lower-income households with one-time energy aid payments of up to €200 ($200), Prime Minister Elisabeth Borne told a news conference.

She added that France may need its neighbors to help supply electricity to the country.

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