France, Germany to Coordinate on Power Price Relief to Companies

  • Le Maire meets with German finance minister Lindner on Monday
  • Two ministers to work on response to US policies: Le Maire

Christmas lights at a department store in Paris. 

Photographer: Cyril Marcilhacy/Bloomberg
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French Finance Minister Bruno Le Maire will work with his German counterpart Christian Lindner to align aid to companies struggling with high power prices, while coordinating a response to US energy policies.

France was among the first countries to implement a so-called “tariff shield,” spending billions to shield consumers and companies from surging energy prices.