France will keep accounts in order after scrapping fuel tax hikes: minister

PARIS (Reuters) – France will keep its national accounts in order in 2019 despite the decision to scrap planned increases to fuel taxes in the face of nationwide protests, Budget Minister Gerald Darmanin said on Thursday.

Darmanin said cancelling the proposed hikes to the carbon taxes would cost the government 4 billion euros ($4.53 billion).

“Our accounts will be kept in order,” Darmanin told France Inter radio.

($1 = 0.8827 euros)

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.