google.com, pub-9501031967421588, DIRECT, f08c47fec0942fa0 New French PM vows to nationalise EDF and tackle cost of living crisis ~ Bharath Bulletin

Wednesday, July 6, 2022

New French PM vows to nationalise EDF and tackle cost of living crisis

In speech to divided parliament, Élisabeth Borne tries to court opposition parties to avoid deadlock

France is to renationalise its indebted electricity giant EDF in response to the energy crisis aggravated by Russia’s invasion of Ukraine, the country’s prime minister, Élisabeth Borne, has said.

Borne vowed to limit the impact of rising energy prices despite the political turmoil of Emmanuel Macron losing control of parliament in recent legislative elections.

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