Economy



French government promises support amid rising fuel prices

The French government has pledged continued support for workers and businesses affected by the sharp rise in fuel prices, as concerns grow over the broader economic impact of the energy crisis. Prime Minister Sébastien Lecornu stated that authorities would not “abandon anyone” facing......

Engie maintains Middle East expansion strategy despite regional disruptions

French energy company Engie has confirmed that it will continue pursuing its development strategy in the Middle East despite ongoing regional instability linked to geopolitical tensions and disruptions caused by the conflict involving Iran. Company executives stated that the region remains part of Engie’s......

Europe's EV sales surge as fuel prices spike on Middle East conflict

Electric vehicle registrations rose sharply across Western Europe in April 2026, with several countries recording record or near-record battery electric vehicle market shares as consumers increasingly turned away from combustion-engine cars amid fuel price surges driven by the ongoing conflict in the......

Jet fuel crisis grounds airlines worldwide as Spirit Airlines shuts down operations

A severe jet fuel shortage triggered by the closure of the Strait of Hormuz has sent shockwaves through global aviation, forcing airlines to slash schedules, raise fares, and in at least one case cease operations entirely. The crisis traces directly to military strikes launched by the United States and......

EasyJet launches direct Strasbourg to Marrakech flights twice weekly

EasyJet has inaugurated a new direct air route connecting Strasbourg and Marrakech, expanding low-cost connectivity between France and Morocco. The service, which began operating on Sunday, runs twice weekly on Thursdays and Sundays between Strasbourg-Entzheim Airport and Marrakech-Ménara Airport.......

France expects inflation to return to target by 2027–2028

France is expected to experience a rise in inflation in the short term before returning to more stable levels later in the decade, according to François Villeroy de Galhau, head of the Banque de France. Speaking during recent economic discussions, Villeroy indicated that inflation could fluctuate......

Le Pen calls for windfall tax on TotalEnergies if fuel price caps fall short

Marine Le Pen has suggested that a windfall tax on TotalEnergies could be introduced if current measures to limit fuel prices prove insufficient to protect consumers. Speaking during a public appearance in central France, the political leader emphasized that while the company’s decision to cap......

France introduces €50 fuel allowance for low-income high-mileage workers

The government of France has officially published in the Journal Officiel the details of a new €50 fuel allowance designed to support low-income workers who travel long distances for work. The measure aims to ease the financial pressure caused by persistently high fuel prices. The scheme targets......

France’s growth stalls in first quarter amid weak domestic demand

France’s economy showed no growth in the first quarter of the year, according to preliminary estimates released by Insee. The stagnation reflects weak domestic demand and a sharp negative contribution from foreign trade, surprising many analysts who had expected modest expansion. Gross domestic......

Macron reshuffles team, opening path for new French central bank chief

French President Emmanuel Macron has initiated a key reshuffle within his inner circle, a move that could influence the future leadership of the country’s central bank. The decision to replace his chief of staff is widely seen as paving the way for a senior official to take over the Bank of France......

Middle East War: “we have no more fiscal room for maneuver,” warns Pierre Moscovici

Former head of France’s Court of Auditors and current member of the European Court of Auditors, Pierre Moscovici, has warned that France has exhausted its fiscal flexibility amid rising energy prices linked to the ongoing Middle East conflict. In an interview, Moscovici stressed that the country......

Eu corn area hits historic low as iran war drives costs higher

European Union maize planting is expected to fall to around 7.9 million hectares in the 2026 to 2027 season, marking its lowest level since the start of the century as rising input costs linked to the conflict in Iran weigh on farmers during spring sowing. The decline reflects several years of shrinking......

Taxi drivers request fuel price relief amid rising energy costs

Taxi drivers and ride-hailing operators are calling for government support to offset rising fuel prices, which have increased due to ongoing geopolitical tensions in the Middle East. The request comes amid broader pressure on transport professionals, following similar appeals from fishermen, farmers,......

  • Fajr
  • Sunrise
  • Dhuhr
  • Asr
  • Maghrib
  • Isha

This website, walaw.press, uses cookies to provide you with a good browsing experience and to continuously improve our services. By continuing to browse this site, you agree to the use of these cookies.