RT.com
25 May 2022, 23:43 GMT+10
The subsidies are meant to help poor households amid rising prices
Several French cities have begun handing out food vouchers to the population to compensate for increasing prices, the TV channel France 2 reported on Monday.
According to the report, citizens are being given coupons for €5, €20 and €30. To date, city administrations have reportedly spent about €37 million (around $40 million) on the issuance of coupons and certificates, as well as other measures to support the population.
A document outlining the subsidies has not yet been adopted. However, the mayor offices of some French cities have decided to introduce food coupons on their own, without waiting for an official government decision.
The idea of giving out food vouchers to middle- and low-income households had been proposed by French President Emmanuel Macron and was discussed long before the presidential election. Approximately 8 million citizens will benefit from the initiative.
Inflation has been on the rise in France, driven by rising costs of food and energy. Experts have warned that surging prices and weak economic growth could lead to stagflation in the country.
For more stories on economy & finance visit RT's business section
(RT.com)
Get a daily dose of Greek Herald news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Greek Herald.
More InformationAMSTERDAM, Netherlands: Some 32 percent of global semiconductor production could face climate change-related copper supply disruptions...
DUBLIN, Ireland: Taoiseach Micheál Martin has expressed cautious optimism that the European Union and the United States can strike...
OTTAWA, Canada: With Canada Post struggling to maintain operations amid labour unrest, rivals like FedEx and UPS are stepping in to...
PARIS, France: French military and intelligence officials have accused China of orchestrating a covert campaign to damage the reputation...
HONG KONG: China has fired back at the European Union in an escalating trade dispute by imposing new restrictions on medical device...
PARIS, France: A strike by French air traffic controllers demanding improved working conditions caused significant disruptions during...
HONG KONG: China has fired back at the European Union in an escalating trade dispute by imposing new restrictions on medical device...
Anatoly Legkodymov is facing extradition to France and 20 years in prison despite already serving one sentence in America ...
Politicians claim the platforms algorithms boost hate speech and threaten democracy France has opened a criminal investigation into...
Politicians claim the platform's algorithms boost hate speech and threaten democracy ...
New Delhi [India], July 12 (ANI): International Cricket Council (ICC) chairman Jay Shah lauded Italy and the Netherlands after both...
Chinese FM calls for joint efforts in finding right way for China, U.S. to get along China and the United States should work together...