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France to Spend Another 20 Billion Euros in Struggle With Inflation

  • Le Maire says exceptional tax revenue will finance plans
  • France wants banks to contribute to cutting household costs
France has already used about 26 billion euros this year for energy-price caps and fuel discounts.

France has already used about 26 billion euros this year for energy-price caps and fuel discounts.

Photographer: Pascal Pochard-Casablanca/AFP/Getty Images

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A new round of French measures aimed at mitigating the effects of record inflation will cost about 20 billion euros ($20.4 billion), according to Finance Minister Bruno Le Maire.