French Finance Minister Bruno Le Maire told C News TV on Tuesday that higher energy costs will likely last for a few more months
Additional quotes
Government is well aware of problems caused by higher energy costs.
This sharp rise in energy costs is unacceptable for our companies.
Simultaneously, the French government Spokesman AttaL said that they are “working on further measures to tackle the sharp rise in energy costs.”
Market reaction
EUR/USD is heading towards August lows of 1.1664, down 0.16% on the day. The spot is currently trading at 1.1674.