the possibility of selling at a loss will be effective from “early December”, declares Bruno Le Maire

2023-09-18 07:58:34

The possibility for distributors to temporarily sell fuel at a loss, promised by Elisabeth Borne, will be “Effects.”[ve] from the beginning of December » et « will last six months »in any case according to the proposal that will be made by the government to parliamentarians, announced Bruno Le Maire, Monday September 18. “I hope for the 1is December, since the text of the law will be examined in the Assembly at the beginning of October »he said on France 2.

Read also: Article reserved for our subscribers Selling fuel at a loss: a system will be presented by the end of September

His clarification comes following the announcement of such a possibility on Saturday by the Prime Minister, in an interview with Parisian. While selling at a loss has been prohibited by law since 1963, the government wishes to temporarily authorize it in order to help the French cope with inflation which persists and results in fuel prices which rise in fuel stations. service.

A presentation of the system at the end of September

“With this unprecedented measure, we will have tangible results for the French, without subsidizing fuel”promised Saturday Mme Borne, assuring that thus, “ everyone takes their part”. « It is normal to involve large industrialists,” she affirmed, while recalling that “the responsibility of the State is also to reduce its deficit and its debt”.

“Our method is to engage everyone, all economic players, in this fight once morest inflation”specified Bruno Le Maire on Monday, because “the State cannot bear the cost of inflation alone, otherwise it will widen the deficits”.

Read also: Article reserved for our subscribers Persistence of inflation reignites debate on who wins from rising prices

The system will be presented to the Council of Ministers on Wednesday September 27, said the office of government spokesperson Olivier Véran. It will be part of the bill on commercial renegotiations between suppliers and industrial distributors. The deadline for the system to come into force set on Monday by Bruno Le Maire is explained by ” the weather [que le texte] be adopted » by the Assembly and the Senate.

For individuals, such a commercial operation might represent a saving of« a demi-euro » per liter, estimated Mr. Véran, interviewed on RTL on Sunday.

A price increase of 8% over two months

The government continues to point out the external causes of this increase which is hurting the wallets of the French. As of Friday, September 8, the liter of unleaded 95 stood at 1.96 euros on average, up 8% over two months, and that of diesel, at 1.88 euros (+ 13%).

Many distributors have carried out fuel sales operations at cost price in recent months. Most had committed last week to continuing them until the end of the year when they were summoned by the Minister of Energy Transition, Agnès Pannier-Runacher.

Although it has ruled out a general rebate at the pump, as it did in 2022, the government has for weeks continued to multiply announcements and calls for “solidarity” distributors and suppliers, in order to extend this type of operation.

Read also: Fuel prices continue to rise in France and are getting closer to 2 euros

Last week, TotalEnergies, which manages a third of the service stations in France, responded by announcing to extend the cap on the price of gasoline at 1.99 euros per liter in its stations, beyond the end of the year 2023.

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Francis Pousse, president of the Mobilians professional union representing 5,800 service stations excluding supermarkets, however expressed his indignation to Agence France-Presse in reaction to the announcement of the measure: “My members live 40, 50%, or even more, from the sale of fuel, so if they sell at a loss I give them three months [pour mettre la clé sous la porte] ». He also said to himself “skeptical” on the beneficial effect of this measure on purchasing power.

The World with AFP

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